Australian Capital Territory Consolidated Acts

COOPERATIVES ACT 2002 - SECT 10

    (1)     A provision of the Corporations Act applied by this Act in relation to cooperatives is taken to be part of this Act.

Note     A reference to an Act includes a reference to the statutory instruments made or in force under the Act, including regulations (see Legislation Act, s 104).

    (2)     If—

        (a)     a provision of this Act (the application provision ) applies provisions of the Corporations Act (the applied provisions ) to cooperatives; and

        (b)     some parts of the applied provisions apply to cooperatives of their own force; and

        (c)     other parts of the applied provisions do not apply to cooperatives of their own force;

the application provision applies only the parts mentioned in paragraph (c).

    (3)     If a provision of the Corporations Act is applied by any provision of this Act, neither the applied provision nor the applying provision gives power to the Australian Securities and Investments Commission to administer the applied provision for this Act.