New South Wales Consolidated Acts

CO-OPERATIVES ACT 1992 - SECT 229

229 Application of Corporations Act provisions concerning officers of co-operatives

(cf Vic Act s 228)
A co-operative is declared to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 in relation to sections 589- 598 and 1307 of the Corporations Act, subject to the following modifications:

(a) a reference in those sections to a company is to be read as a reference to a co-operative,

(b) a reference in those sections to ASIC is to be read as a reference to the Registrar,

(c) section 592 (1) (a) is to be read as if the reference to 23 June 1993 were a reference to 15 December 1995,

(d) such other modifications (within the meaning of Part 3 of the Corporations (Ancillary Provisions) Act 2001 ) as may be prescribed by the regulations.

Note: See the note to section 10 (1).