Western Australian Consolidated Acts

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CO-OPERATIVE AND PROVIDENT SOCIETIES ACT 1903 - SECT 26

26 .         Contracts how made, varied or discharged

                Contracts on behalf of any registered society may be made, varied, or discharged, as follows — 

            (a)         any contract which, if made between private persons, would be by law required to be in writing under seal, may be made, varied, or discharged in the name and on behalf of the society, in writing, under the seal of the society;

            (b)         any contract which, if made between private persons, would be by law required to be in writing and signed by the parties to be charged therewith, may be made, varied, or discharged in the name and on behalf of the society, in writing, signed by any person acting under the expressed or implied authority of the society;

            (c)         any contract which if made between private persons, would by law be valid, although made by parole only, and not reduced into writing, may be made, varied, or discharged by parole, in the name and on behalf of the society, by any person acting under the expressed or implied authority of the society;

                and all contracts made according to the provisions herein contained shall be effectual in law, and shall be binding upon the society and all other parties thereto, their heirs, executors, or administrators, as the case may be.

Property and funds



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