AustLII Tasmanian Consolidated Acts

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COOPERATIVES ACT 1999 - SECT 63

63. Representatives of bodies corporate

      (1) If a body corporate is a member of a cooperative, it may by instrument served on the cooperative appoint a person to represent it in respect of its membership.

      (2) A body corporate must not appoint a person to represent the body corporate as a member of a cooperative if he or she is currently a member of the cooperative or a representative of another body corporate member.

Penalty:

Fine not exceeding 10 penalty units.

      (3) The power to appoint a representative is subject to any restriction imposed by the rules of the cooperative as to the entitlement of a person to represent a body corporate.

      (4) A person is not qualified to be appointed the representative of a company that is not a listed corporation (within the meaning of the Corporations Act) unless the person is an officer, member or employee of the company.



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