Western Australian Current Acts Western Australian Current Acts (1) If a co-operative
incurs loss because of fraud, dishonesty, negligence or wilful failure to
comply with this Act or the rules of the co-operative by an administrator, the
administrator is liable for the loss.
(2) An administrator
is not liable for loss that is not a loss to which subsection (1) applies but
must account for the loss in a report given under section 326.