New South Wales Consolidated Acts

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CO-OPERATIVES ACT 1992 - SECT 311

Requirements before application can be made

311 Requirements before application can be made

(cf Vic Act s 300)

(1) Before co-operatives can apply for approval under this Division of a merger or transfer of engagements, the proposed merger or transfer must have been approved by each of the co-operatives by:
(a) a special resolution passed by means of a special postal ballot, or
(b) if permitted by subsection (2)-a resolution of the board of the co-operative.
(2) The proposed merger or transfer of engagements may be approved by resolution of the board of a co-operative if the Registrar consents to that procedure applying in the particular case.



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