South Australian Consolidated Acts South Australian Consolidated Acts (1) Before applying
for registration as a co-operative the body corporate must pass a special
resolution in accordance with its articles of association or rules approving
of—
(a) the
proposed registration; and
(b) any
alterations of its existing memorandum and articles of association or rules
necessary to enable the body corporate to comply with this Act.
(2) At the meeting to
pass the special resolution—
(a) the
proposed rules of the proposed co-operative approved under section 18,
and including active membership provisions in accordance with Part 6, must
also be passed by special resolution; and
(b) in
the case of a proposed trading co-operative, a disclosure statement approved
under section 17 must be presented to the meeting.