Northern Territory Consolidated Regulations

CO-OPERATIVES REGULATIONS

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Citation  
   2.      Objective  
   3.      Definition  
   4.      Definition of debenture  

   PART 2--RULES

   5.      Maximum fine which may be imposed on a member  

   PART 3--ACTIVE MEMBERSHIP

   6.      Factors and considerations for determining primary activities  
   7.      Register of cancelled memberships  

   PART 4--SHARES AND VOTING

   8.      Notice in respect of bonus shares  
   9.      Postal ballots  

   PART 5--MANAGEMENT AND ADMINISTRATION OF CO-OPERATIVES

   10.     Disqualified persons  
   11.     Adoption of Corporations Act 2001 provisions concerning officers of co-operatives  
   12.     Requirements for financial statements and financial records  
   13.     Registers to be kept by co-operatives  
   14.     Inspection of registers, &c.  
   15.     Notice of appointment, &c., of directors and officers  
   16.     Annual report  
   17.     Advertising change of name of co-operative  

   PART 6--FUNDS AND PROPERTY

   18.     Fund raising to be in accordance with Act and regulations  
   19.     Compulsory loan by member to co-operative  
   20.     Limited dividend  

   PART 7--RESTRICTIONS ON THE ACQUISITIONS OF INTERESTS IN CO-OPERATIVES

   21.     Notice of relevant interest in member's right to vote  
   22.     Notice of substantial share interest  
   23.     Notice of change in substantial share interest  
   24.     Notice of cessation of substantial share interest  

   PART 8--MERGER, TRANSFER OF ENGAGEMENTS, WINDING UP

   25.     Application for registration or incorporation under another law  
   26.     Winding up on Registrar's certificate  
   27.     Application of Corporations Act 2001 to winding up  

   PART 9--ARRANGEMENTS AND RECONSTRUCTIONS

   28.     Registrar to be given notice and opportunity to make submissions  
   29.     Compulsory acquisition notice  
   30.     Notice to remaining shareholders  

   PART 10--FOREIGN CO-OPERATIVES

   31.     Application for registration of participating co-operative as a foreign co-operative  
   32.     Application for registration of non-participating co-operative as a foreign co-operative  
   33.     Registration of foreign co-operative  
   34.     Application of Act and regulations to foreign co-operatives  
   35.     Notification by foreign co-operative of certain changes  
   36.     Co-operative proposing to register as a foreign co-operative  

   PART 11--SUPERVISION AND PROTECTION OF CO-OPERATIVES

   37.     Inspectors may require certain persons to appear, answer questions and produce documents  
   38.     Investigator's notice to involved person  
   39.     Examination of involved person: allowance and expenses  

   PART 12--ADMINISTRATION OF THE ACT

   40.     Inspection of Register  

   PART 13--THE SCHEDULES TO THE ACT

   41.     Minimum number of shares to be subscribed for  
   42.     Exclusions: holders of prescribed offices  

   PART 14--FEES

   46.     Prescribed fees  
   47.     Waiver of fees  
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 2A
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5
           SCHEDULE 6
           SCHEDULE 7
           SCHEDULE 8
           SCHEDULE 9
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