New South Wales Consolidated Acts

CO-OPERATIVES ACT 1992 - SECT 192

192 Lodgment of special resolution

(cf Vic Act s 197)

(1) A co-operative must lodge 2 copies of each special resolution passed by the co-operative with the Registrar in accordance with this section for registration.

(2) The copies must:

(a) be lodged within 28 days after the passing of a special resolution or such further period as the Registrar allows, and

(b) be signed by a director and the secretary of the co-operative, and

(c) be accompanied by the lodgment fee prescribed by the regulations.

(3) A co-operative and any officer of the co-operative that knowingly fails to lodge the required copies in accordance with this section is guilty of an offence.

Maximum penalty: 20 penalty units.

(4) This section and section 192A do not apply to a special resolution altering the rules of a co-operative.