South Australian Consolidated Acts

CO-OPERATIVES ACT 1997 - SECT 19

19—Application for registration of proposed co-operative

        (1)         An application for registration of a proposed co-operative (other than an existing body corporate) must—

            (a)         be made in the form approved by the Commission; and

            (b)         be accompanied by the prescribed fee; and

            (c)         be signed by—

                  (i)         at least 2 directors in the case of an association or federation; and

                  (ii)         at least 5, or if a lesser number than 5 is prescribed by regulation, at least the prescribed number of, suitably qualified members, including 2 directors elected at the formation meeting, in the case of any other proposed co-operative; and

            (d)         be accompanied by—

                  (i)         2 copies of the proposed rules signed and certified by the persons who acted as chairperson and secretary at the formation meeting; and

                  (ii)         in the case of a proposed trading co-operative, a copy of the disclosure statement presented to the formation meeting signed and certified by the persons who acted as chairperson and secretary at the formation meeting; and

                  (iii)         a statement listing the name, address, occupation and place and date of birth of each director; and

                  (iv)         any other particulars that the Commission may require in a particular case.

        (2)         The application must be lodged with the Commission within 2 months after closure of the formation meeting for the proposed co-operative or within such extended period as the Commission may allow.