Northern Territory Consolidated Acts Northern Territory Consolidated Acts3. Objects
The objects of this Act are to:
(a) enable the formation, registration and operation of co-operatives;
(b) promote co-operative philosophy, principles, practices and objectives;
(c) protect the interests of co-operatives, their members and the public in the operations and activities of co-operatives;
(d) ensure that the directors of co-operatives are accountable for their actions and decisions to the members of co-operatives;
(e) encourage and facilitate self-management by co-operatives at all levels; and
(f) encourage the development, integration and strengthening of co-operatives at local, regional, national and international levels by supporting and fostering Territory, State and National peak organisations and co-operative instrumentalities.