Northern Territory Consolidated Acts

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CO-OPERATIVES ACT - SECT 19

Application for registration of proposed co-operative

19. Application for registration of proposed co-operative

(1) An application for registration of a proposed co-operative (other than an existing body corporate) must:

(a) be made in the form approved by the Registrar;

(b) be accompanied by the prescribed fee;

(c) be signed by:

(i) at least 2 directors, in the case of an association or federation; and

(ii) at least 5 suitably qualified members, including 2 directors elected at the formation meeting, in the case of any other proposed co-operative; and

(d) be accompanied by:

(i) 2 copies of the proposed rules signed and certified by the persons who acted as chairperson and secretary at the formation meeting;

(ii) in the case of a proposed trading co-operative, a copy of the disclosure statement presented to the formation meeting signed and certified by the persons who acted as chairperson and secretary at the formation meeting;

(iii) a statement listing the name, address, occupation and place and date of birth of each director; and

(iv) any other particulars that the Registrar may require in a particular case.

(2) The application must be lodged with the Registrar within 2 months after closure of the formation meeting for the proposed co-operative or within such extended period as the Registrar may allow.



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