Queensland Consolidated Acts Queensland Consolidated Acts(1) A cooperative's rules may contain an express restriction on, or an express prohibition of, the exercise by the cooperative of a power of the cooperative.
(2) A cooperative contravenes this section if--
(a) it exercises a power contrary to an express restriction on, or an express prohibition of, the exercise of that power, being a restriction or prohibition contained in the cooperative's rules; or
(b) the rules of the cooperative contain a provision stating the objects of the cooperative and the cooperative does an act otherwise than in pursuance of those objects.
(3) An officer of a cooperative who is involved in a contravention by the cooperative of this section also contravenes this section.
(4) A person who contravenes this section is not guilty of an offence.