New South Wales Consolidated Regulations

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CO-OPERATIVES REGULATION 2005 - REG 26

Notice of change in substantial share interest

26 Notice of change in substantial share interest

For the purposes of section 288 (b) of the Act, the prescribed particulars to be specified when giving notice of a change in a substantial share interest are as follows:

(a) the name of the co-operative to whom notice is being given,
(b) the full name and address of the person giving notice,
(c) the following particulars applicable before the change:
(i) the full name and address of the holder of the substantial share interest,
(ii) the number and description of the shares in which the substantial share interest was held,
(iii) the name and address of the person registered as the holder of the shares,
(iv) the name and address of the person entitled to become registered as the holder of the shares,
(v) the total number of shares in which the holder of the substantial share interest held the substantial share interest,
(d) the following particulars relating to the change:
(i) the date of the change in the substantial share interest,
(ii) particulars of the valuable consideration given in relation to the change, including the nature of that part (if any) that did not consist of money,
(iii) particulars of any contract, scheme, arrangement or other circumstance by reason of which the change in the substantial share interest occurred,
(iv) particulars of any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers of those shares in which the substantial share interest in which the change occurred is held,
(v) particulars of any additional benefit that a person has, or may, become entitled to receive, whether on the happening of a contingency or not, as a consequence of a change in a substantial share interest,
(e) the following particulars applicable after the change:
(i) the full name and address of the holder of the substantial share interest,
(ii) the number and description of the shares in which the substantial share interest is held,
(iii) the full name and address of the person entitled to become registered as the holder of the shares,
(f) the date on which notice is given.



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