New South Wales Consolidated Regulations

CO-OPERATIVES REGULATION 2005

- Made under the Co-operatives Act 1992
- As at 1 July 2009
- Reg 524 of 2005

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Interpretation
   4.      Definition of “debenture”-exempt documents

   PART 2 - RULES

   5.      Maximum fine that may be imposed on member under rules

   PART 3 - ACTIVE MEMBERSHIP

   6.      Active membership-explanation
   7.      Factors and considerations for determining primary activities
   8.      Active membership-supply or purchase of goods or produce
   9.      Register of cancelled memberships

   PART 4 - SHARES AND VOTING

   10.     Notice in respect of bonus shares
   11.     Postal ballots

   PART 5 - MANAGEMENT AND ADMINISTRATION OF CO-OPERATIVES

   12.     Prescribed authorities
   13.     Requirements for financial records and financial statements
   14.     Registers to be kept by co-operatives
   15.     Inspection of registers etc
   16.     Notice of appointment etc of directors and officers
   17.     Annual report
   18.     Advertising change of name of co-operative

   PART 6 - FUNDS AND PROPERTY

   19.     Fund raising to be in accordance with Act and regulations
   20.     Compulsory loan by member to co-operative
   21.     Limited dividend

   PART 7 - APPLICATION OF CORPORATIONS ACT

   22.     Securities listing provisions to apply to co-operatives
   23.     Provisions of Corporations Act regarding irregularities applied to co-operatives

   PART 8 - RESTRICTIONS ON ACQUISITION OF INTERESTS IN CO-OPERATIVES

   24.     Notice of relevant interest in member’s right to vote
   25.     Notice of substantial share interest
   26.     Notice of change in substantial share interest
   27.     Notice of cessation of substantial share interest

   PART 9 - MERGER, TRANSFER OF ENGAGEMENTS AND WINDING UP

   28.     Application for registration or incorporation under another law
   29.     Winding up on Registrar’s certificate
   30.     Application of Corporations Act to winding up

   PART 10 - ARRANGEMENTS AND RECONSTRUCTIONS

   31.     Explanatory statements
   32.     Compulsory acquisition notices
   33.     Notice to remaining shareholders

   PART 11 - FOREIGN CO-OPERATIVES

   34.     Application for registration of participating co-operative as foreign co-operative
   35.     Application for registration of non-participating co-operative as foreign co-operative
   36.     Registration of foreign co-operatives
   37.     Application of Act and regulations to foreign co-operatives
   38.     Notification by foreign co-operative of certain changes
   39.     Co-operative proposing to register as foreign co-operative

   PART 12 - SUPERVISION AND PROTECTION OF CO-OPERATIVES

   40.     Notice to appear, answer questions and produce documents
   41.     Investigator’s notice to involved person
   42.     Examination of involved person-allowance and expenses

   PART 13 - ADMINISTRATION OF ACT

   43.     Inspection of Register

   PART 14 - PROVISIONS RELATING TO SCHEDULES TO ACT

   44.     Subscription for minimum number of shares
   45.     Variation or abrogation of share rights if more than one class of shares
   46.     Exclusions-holders of prescribed offices
   47.     Charges required to be registered
   48.     Inspection of register of charges
   49.     Copies of register of charges
   50.     Request for certificate of particulars of charge
   51.     Managing controller’s report
   52.     Notification of matters relating to controller
   53.     Reporting officers’ report
   54.     Report required by controller

   PART 15 - MISCELLANEOUS

   55.     Fees
   56.     Waiver of fees
   57.     Savings
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           SCHEDULE 7