New South Wales Consolidated Regulations

CO-OPERATIVES REGULATION 2005 - REG 14

14 Registers to be kept by co-operatives

(1) The registers that a co-operative is required to keep under section 249 of the Act must:

(a) be kept in written or electronic form, and

(b) contain the particulars specified in Schedule 1.

(2) A register may include:

(a) any document in the English language in which the required particulars are recorded, and

(b) any disc, tape, soundtrack or other device in which the required particulars are recorded, so long as they are capable (with or without the aid of some other equipment) of being reproduced in a document in the English language.

(3) For the purposes of section 249 (1) (g) of the Act, a co-operative must keep:

(a) a register of names of persons who have given loans or deposits to or hold securities, debentures or CCUs given or issued by the co-operative containing the particulars specified in clause 3 of Schedule 1, and

(b) a register of subordinated debt containing the particulars specified in clause 8 of Schedule 1.