New South Wales Repealed Regulations

This legislation has been repealed.

CO-OPERATIVES REGULATION 1997

- Made under the Co-operatives Act 1992
- As at 31 August 2004
- Reg 631 of 1997

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Object
   3.      Commencement
   4.      Definitions
   5.      Notes
   6.      Definition of “debenture”-exempt documents

   PART 2 - RULES

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

   PART 3 - ACTIVE MEMBERSHIP

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

   PART 4 - SHARES AND VOTING

   12.     Notice in respect of bonus shares
   13.     Postal ballots

   PART 5 - MANAGEMENT AND ADMINISTRATION OF CO-OPERATIVES

   14.     Prescribed authorities
   14A.    Certain interests need not be declared
   15.     Requirements for financial records and financial statements
   16.     Registers to be kept by co-operatives
   17.     Inspection of registers etc
   18.     Notice of appointment etc of directors and officers
   19.     Annual report
   20.     Advertising change of name of co-operative

   PART 6 - FUNDS AND PROPERTY

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

   PART 6A - APPLICATION OF CORPORATIONS ACT

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

   PART 7 - 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 8 - 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 9 - ARRANGEMENTS AND RECONSTRUCTIONS

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

   PART 10 - 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 11 - 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 12 - ADMINISTRATION OF ACT

   43.     Inspection of Register

   PART 13 - 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 14 - MISCELLANEOUS

   55.     Fees
   56.     Waiver of fees
   57.     Repeal

   PART 15 - TRANSITIONAL PROVISIONS

   58.     Requirement by non-trading co-operatives to take up additional shares
   59.     Issue of bonus shares by non-trading co-operatives
   60.     Accounts and accounting records requirements for existing co-operatives
   61.     Interstate co-operatives carrying on business in State
   62.     Pending applications for approval of invitations to deposit money
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           SCHEDULE 7