COOPERATIVES ACT 1999 - SECT 43 43. Person who knows or ought to know is not entitled to make assumptions

Tasmanian Consolidated Acts

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COOPERATIVES ACT 1999 - SECT 43

43. Person who knows or ought to know is not entitled to make assumptions

This Division does not entitle a person to make an assumption, and does not prevent an assertion being made in relation to an assumption, if –

(a) the person has actual knowledge that the assumption is not correct; or

(b) the person's connection or relationship with the cooperative is such that the person ought to know that the assumption is not correct.

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