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CO-OPERATIVES ACT 1992 - SECT 40
Lodgment of documents etc not to constitute constructive notice
40 Lodgment of documents etc not to constitute constructive notice
(1) A person is not to be considered to have knowledge of a co-operative’s
rules, any of the contents of a co-operative’s rules, a document, the
contents of a document, or any particulars, merely because of either or both
of the following: (a) the rules, the document or the particulars have been
lodged with the Registrar,
(b) the rules, the document or the particulars are
referred to in any other document that has been lodged with the Registrar, or
lodged with a person under a previous law corresponding to a provision of this
Act.
(3) Despite subsection (1), a member of a co-operative is to be
considered to have knowledge of the rules of the co-operative.
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