Queensland Consolidated Acts Queensland Consolidated Acts(1) If an application is made under this division for registration of a proposed cooperative, the registrar must register the cooperative and its rules if satisfied the requirements for registration of the cooperative have been met.
(2) The requirements for registration of a cooperative under this division are as follows--
(a) the proposed rules of the proposed cooperative must be the rules approved by the registrar under section 18;13
(b) the requirements of this Act must have been complied with in relation to the proposed cooperative and compliance must be likely to continue;
(c) the proposed cooperative must be designed to function under the cooperative principles or, if it is not designed to function entirely under the cooperative principles, the registrar must be satisfied there are special reasons why the cooperative should be registered under this Act;
(d) there must be no reasonable cause for refusing registration of the proposed cooperative.
(3) If the registrar is not satisfied the requirements for registration of the cooperative have been met, the registrar may refuse to register the cooperative and its rules.
(4) The registrar must give to the applicant written notice of the refusal and the reasons for the refusal.