South Australian Consolidated Acts

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CO-OPERATIVES ACT 1997 - SECT 24

24—Application for registration

An application for registration must—

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

            (b)         be accompanied by the prescribed fee; and

            (c)         be accompanied by—

                  (i)         a declaration in writing signed by the directors or the committee of management of the body corporate stating that at a meeting of the directors or committee they formed the opinion that the body corporate will be able to pay its debts as they fall due; and

                  (ii)         a report in the form approved by the Commission as to the affairs of the body corporate and showing its assets and liabilities, made up to the latest practicable date before the application; and

                  (iii)         a copy of the memorandum and articles of association or rules of the body corporate in force at the date of the application; and

                  (iv)         2 copies of the proposed rules of the co-operative, as provided for by the special resolution; and

                  (v)         in the case of a proposed trading co-operative, a copy of the disclosure statement presented to the meeting held under section 23 and signed and certified by the directors or committee of management of the body corporate; and

                  (vi)         a list containing the name, address, occupation and place and date of birth of each director; and

                  (vii)         evidence to the satisfaction of the Commission of the incorporation of the existing body corporate; and

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



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