(1) The Registrar must
register each undertaking in the register of co-operatives.
(2) The register of
co-operatives must include the following —
(a) the
name and address of the person who gave the undertaking;
(b) the
date of the undertaking;
(c) a
copy of the undertaking.
(3) The Registrar may
withhold information relating to an undertaking from inclusion in the register
of co-operatives if the Registrar is satisfied that —
(a) the
information consists of personal details of an individual not involved in a
contravention or possible contravention to which the undertaking relates; or
(b) the
information is commercial-in-confidence; or
(c)
disclosure of the information would be against the public interest.
(4) If information is
withheld under this section from inclusion in the register of co-operatives,
the register must include a statement that information has been withheld in
relation to the undertaking concerned and of the grounds on which it has been
withheld.
(5) For the purposes
of this section, information is commercial-in-confidence if —
(a) its
disclosure would place a person at a substantial commercial disadvantage in
relation to present or potential contractual negotiations or arrangements; or
(b) it
is of a kind prescribed by the regulations as being commercial-in-confidence.
[Section 481F inserted: No. 7 of 2016 s. 177.]