Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) When an application is made under this Division for registration of a proposed cooperative, the Commissioner must register the cooperative and its rules if satisfied that the requirements for registration of the cooperative have been met.
(2) The requirements for registration of a cooperative under this Division are as follows:
(a) the proposed rules of the proposed cooperative must be the rules approved by the Commissioner under section 17;
(b) the name of the proposed cooperative –
(i) must comply with the requirements of this Act; and
(ii) must not be such as is likely to be confused with the name of any other body corporate or any registered business name; and
(iii) must not be undesirable as a name for a registered cooperative; and
(iv) must conform with any direction of the Minister relating to the names of registered cooperatives;
(c) the other requirements of this Act must have been complied with in respect of the proposed cooperative and compliance must be likely to continue;
(d) the proposed cooperative must be designed to function in accordance with the cooperative principles or, if it is not designed to function entirely in accordance with the cooperative principles, the Commissioner must be satisfied that there are special reasons why the cooperative should be registered under this Act;
(e) there must be no reasonable cause for refusing registration of the proposed cooperative.
(3) If the Commissioner is not satisfied that the requirements for registration of the cooperative have been met, the Commissioner may refuse to register the cooperative and its rules.