South Australian Consolidated Acts

SOUTH AUSTRALIAN CO-OPERATIVE AND COMMUNITY HOUSING ACT 1991 - SECT 59

59—Restriction on offering shares etc for public subscription

A registered housing co-operative is declared to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 in relation to Chapter 6D of the Corporations Act 2001 of the Commonwealth, subject to the following modifications:

            (a)         any exclusions of any part of that Chapter by the regulations;

            (b)         such other modifications (within the meaning of Part 3 of the Corporations (Ancillary Provisions) Act 2001 ) as may be prescribed by the regulations.