Victorian Consolidated Regulations

CO-OPERATIVES REGULATIONS 2008

S.R. No. 133/2008
Version as at 11 November 2008

TABLE OF PROVISIONS

           Regulation Page

   PART 1-PRELIMINARY

   1.      Objectives
   2.      Authorising provision
   3.      Revocation
   4.      Definition
   5.      Documents exempted from definition of debenture

   PART 2-RULES

   6.      Maximum fine that may be imposed on a member

   PART 3-ACTIVE MEMBERSHIP

   7.      Factors and considerations for determining primary activities
   8.      Register of cancelled memberships

   PART 4-SHARES AND VOTING

   9.      Notice in respect of bonus shares-prescribed persons
   10.     Postal ballots

   PART 5-MANAGEMENT AND ADMINISTRATION OF CO-OPERATIVES

   11.     Prescribed authorities
   12.     Registers to be kept by co-operatives
   13.     Inspection of registers etc.
   14.     Notice of appointment etc. of directors and officers
   15.     Annual report
   16.     Advertising change of name of co-operative

   PART 6-FUNDS AND PROPERTY

   17.     Restrictions on deposit taking
   18.     Compulsory loan by member to co-operative-prescribed term
   19.     Limited dividend

   PART 7-RESTRICTIONS ON THE ACQUISITION OF INTERESTS IN CO-OPERATIVES

   20.     Notice of relevant interest in a member's right to vote
   21.     Notice of substantial share interest
   22.     Notice of change in substantial share interest
   23.     Notice of cessation of substantial share interest

   PART 8-MERGER, TRANSFER OF ENGAGEMENTS AND WINDING UP

   24.     Application for registration or incorporation under another law
   25.     Security to be given by liquidator

   PART 9-ARRANGEMENTS AND RECONSTRUCTIONS

   26.     Explanatory statements
   27.     Compulsory acquisition notice
   28.     Notice to remaining shareholders

   PART 10-SUPERVISION AND PROTECTION OF CO-OPERATIVES

   29.     Notice to appear, answer questions and produce documents
   30.     Investigator's notice to involved person
   31.     Examination of involved person-allowance and expenses

   PART 11-REGISTER

   32.     Inspection of Register

   PART 12-INFRINGEMENTS

   33.     Infringement penalties

   PART 13-THE TO THE ACT

   34.     Minimum number of shares to be subscribed for
   35.     Charges required to be registered
   36.     Inspection of register of charges
   37.     Copies of register of charges

   PART 14-FEES

   38.     Application or submission for approval of disclosure statement
   39.     Submission for approval of proposed rules
   40.     Issue of duplicate certificate
   41.     Application for Registrar's certificate
   42.     Application for registration of proposed co-operative
   43.     Application for Registrar's consent or permission
   44.     Copies of documents and entries in the Register
   45.     Submission for approval of alteration of rules
   46.     Application for certificate of registration of rule alteration
   47.     Application for exemption
   48.     Application for direction
   49.     Application for review of entitlement to vote
   50.     Lodgment of special resolution
   51.     Applications for approval
   52.     Lodgment of annual report
   53.     Fees for inspecting registers
   54.     Applications for extension or abridgement of time
   55.     Submission for approval of terms of issue
   56.     Waiver of fees
   57.     Expiry
           __________________

           SCHEDULE 1-Particulars to be Included in Registers
           1. Register of members, directors and shares
           2. Register of loans to, securities given by, debentures issued by
           and deposits received by a co-operative
           3. Register of names of persons who have given loans or deposits
           to or hold securities or debentures given or issued by a co-operative
           4. Register of loans made by or guaranteed by a co-operative and
           of any securities taken by a co-operative
           5. Register of memberships cancelled under Part 6 of the Act
           6. Register of fixed assets
           7. Register of subordinated debt
           8. Register of CCUs
           SCHEDULE 2-Postal Ballots
           1. Ballots
           2. Returning officers
           3. Preparation of the voting roll and the ballot papers
           4. Duplicate ballot papers
           5. Voting
           6. Safe keeping of ballot papers
           7. Counting of the votes
           8. Statement by returning officer
           9. Notification of the result of the ballot
           10. Retention of ballot papers
           Form 1-Postal Ballot
           Form 2-Member Details
           SCHEDULE 3-Prescribed Information for Explanatory
           Statements
           1. Definitions
           2. Prescribed information relating to proposed compromise or arrangement with creditors or class of creditors
           3. Prescribed information relating to proposed compromise or arrangement with members or a class of members
           SCHEDULE 4-Compulsory Acquisition Notice
           SCHEDULE 5-Notice to Remaining Shareholder
           SCHEDULE 6-Notice Requiring Production of Documents or Appearance to Answer Questions
           SCHEDULE 7-Notice to Produce Documents, Give Assistance or
           to Appear for Examination at Inquiry
           SCHEDULE 8-Prescribed Infringement Penalties
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           ENDNOTES
           1. General Information
           2. Table of Amendments
           3. Explanatory Detail