CO-OPERATIVES NATIONAL LAW ACT 2020 - As at 1 July 2023 - Act 18 of 2020

Table of Provisions

• Long Title

PART 1 - PRELIMINARY

• 1 Short title
• 2 Commencement
• 3 Definitions

PART 2 - APPLICATION OF CO-OPERATIVES NATIONAL LAW

Division 1 - General

• 4 Application as law of this jurisdiction
• 5 Exclusion of legislation of this jurisdiction
• 6 Parliamentary scrutiny of national regulations

Division 2 - Meaning of particular terms for Co-operatives National Law (Queensland)

• 7 Meaning of particular terms
• 8 Registrar of Co-operatives
• 9 Designated authority
• 10 Designated instrument
• 11 Designated tribunal

Division 3 - Modifications of Co-operatives National Law for this jurisdiction

• 12 Operation of division
• 13 Modification of s 220 (Name to include certain matter)
• 14 Modification of s 225 (Restriction on use of word co-operative or similar words)
• 15 Modification of sch 4 (Miscellaneous provisions relating to interpretation)

Division 4 - Provisions specific to this jurisdiction

• 16 Application of various provisions of Corporations Act—offences by officers of co-operatives
• 17 Disposal of consideration for shares compulsorily acquired
• 18 Application of Corporations Act—deregistration
• 19 Costs of inquiry
• 20 Secrecy
• 21 Pecuniary penalty orders
• 22 Disposal of records by Registrar
• 23 Registration fees
• 24 Exclusion of bodies
• 25 Offence proceedings
• 26 Proceedings for recovery of fines and penalties under rules of co-operative

PART 3 - REGULATION-MAKING POWER

• 27 Regulation-making power

PART 4 - REPEAL

• 28 Repeal

PART 5 - TRANSITIONAL AND SAVING PROVISIONS FOR REPEALED COOPERATIVES ACT 1997

Division 1 - Preliminary

• 29 Definitions for part

Division 2 - General transitional and saving provisions

• 30 Existing cooperatives continue as co-operatives under the Law
• 31 General transitional and saving provision

Division 3 - Formation

• 32 Formation meetings held under the repealed Act, s 16
• 33 Formation meetings held under the repealed Act, s 23
• 34 Existing approvals of disclosure statements
• 35 Draft disclosure statement submitted before commencement
• 36 Existing approvals of rules
• 37 Draft rules submitted before commencement
• 38 Existing applications for registration of proposed cooperatives
• 39 Existing applications to QCAT
• 40 Right to apply to QCAT for review of matters under repealed Act

Division 4 - Dealings with cooperatives

• 41 Dealings with cooperatives before commencement

Division 5 - Membership

• 42 Fines imposed on members before commencement
• 43 Fines may be imposed on members after commencement
• 44 Transfers of property under the repealed Act, pt 4, div 3
• 45 Existing applications to Supreme Court
• 46 Existing orders
• 47 Applications to Supreme Court in relation to matters arising before commencement

Division 6 - Rules

• 48 Existing rules
• 49 Proposed alteration of rules submitted before commencement
• 50 Existing applications for registration of alterations
• 51 Existing applications to QCAT
• 52 Right to apply to QCAT for review of matters under repealed Act

Division 7 - Active membership

• 53 Existing applications to Supreme Court
• 54 Existing orders and directions
• 55 Applications in relation to cancellation of memberships before commencement
• 56 Register of cancelled memberships
• 57 Entitlements of former members of trading cooperatives

Division 8 - Shares

• 58 Share capital of cooperative
• 59 Minimum paid up amount

Division 9 - Other provisions

• 60 Repeal does not affect appointment of deputy registrar and assistant registrar
• 61 References to repealed Act