AustLII Tasmanian Consolidated Acts

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COOPERATIVES ACT 1999 - SECT 11

11. Modifications to applied provisions

      (1) If a provision of this Act declares a matter to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 (the "declaratory provisions") in relation to any provisions of the Corporations legislation (the "applied provisions"), the declaratory provision is taken to specify the following modifications to the applied provisions:

(a) a reference to articles or memorandum of association is to be read as a reference to rules;

(b) a cross-reference to another provision of the Corporations Act is, if that cross-reference is not appropriate (because, for example, the provision cross-referred to is not among the applied provisions), to be read as a cross-reference to the equivalent provision of this Act;

(c) a reference to the Gazette is to be read as a reference to the Tasmanian Government Gazette;

(d) a reference to the Commonwealth is to be read as a reference to Tasmania;

(e) provisions which are not relevant to cooperatives or which are incapable of application to cooperatives are to be ignored;

(f) modifications directed by the Commissioner under subsection (2).

      (2) The Commissioner may, by order published in the Gazette, give directions as to the modifications that are necessary or desirable for the effectual operation of the applied provisions.



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