Tasmanian Consolidated Acts Tasmanian Consolidated Acts
As a body corporate, a cooperative –
(a) has perpetual succession; and
(b) has a common seal; and
(c) may sue and be sued in its corporate name; and
(d) subject to this Act, is capable of taking, purchasing, leasing, holding, selling and disposing of real and personal property; and
(e) may do and suffer all acts and things that bodies corporate may by law do and suffer and which are necessary or expedient.