Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 40

40 .         Restrictions on co-operatives in rules

        (1)         A co-operative’s rules may contain an express restriction on, or an express prohibition of, the exercise by the co-operative of a power of the co-operative.

        (2)         The exercise of a power or the doing of an act in contravention of subsection (1) is not invalid merely because of the contravention.

        (3)         A co-operative’s rules may set out the object of that co-operative.

        (4)         The exercise of a power or the doing of an act in contravention of subsection (3) is not invalid merely because of the contravention.