Northern Territory Consolidated Regulations

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CO-OPERATIVES REGULATIONS - REG 23

Notice of change in substantial share interest

For the purposes of section 273(2) of the Act, the prescribed particulars to be specified when giving notice of a change in a substantial share interest are:

        (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 name and address of the holder of the relevant interest;

            (ii)     the number and description of the shares in which the relevant 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 relevant interest held the relevant interest;

        (d)     the following particulars relating to the change:

            (i)     the date of the change in the relevant interest;

            (ii)     particulars of the valuable consideration given in relation to the change, including the nature of that part that did not consist of money;

            (iii)     particulars of any contract, scheme, arrangement or other circumstance by reason of which the change in the relevant 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 relevant 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 upon the happening of a contingency or not, as a consequence of a change in a relevant interest;

        (e)     the following particulars applicable after the change:

            (i)     the name and address of the holder of the relevant interest;

            (ii)     the number and description of the shares in which the relevant interest is held;

            (iii)     the name and address of the person entitled to become registered as the holder of the shares; and

        (f)     the date on which notice is given.



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