CO-OPERATIVES ACT 2009 (NO. 24 OF 2009)

Table of Provisions

• Long Title
• Preamble

PART 1 -- Preliminary  

Division 1 -- Introductory  

• 1 Short title  
• 2 Commencement  
• 3 Objects of this Act  
• 4 Terms used in this Act  

Division 2 -- Qualified privilege  

• 5 Qualified privilege  

Division 3 -- The co-operative principles  

• 6 Co-operative principles  
• 7 Interpretation to promote co-operative principles  

Division 4 -- Application of Corporations Act to co-operatives  

• 8 Definitions  
• 9 Excluded matter  
• 10 Applying the Corporations legislation to co-operatives  
• 11 Modifications to applied provisions  

PART 2 -- Formation  

Division 1 -- Types of co-operatives  

• 12 Types of co-operatives  
• 13 Distributing co-operatives  
• 14 Non-distributing co-operatives  

Division 2 -- Formation meeting  

• 15 Formation meeting  

Division 3 -- Approval of disclosure statement and rules  

• 16 Approval of disclosure statement  
• 17 Approval of rules  

Division 4 -- Registration of proposed co-operative  

• 18 Application for registration of proposed co-operative  
• 19 Registration of co-operative  
• 20 Incorporation and certificate of registration  

Division 5 -- Registration of an existing corporation  

• 21 Existing corporation can be registered  
• 22 Formation meeting and transitional provision  
• 23 Application for registration  
• 24 Requirements for registration  
• 25 Transitional provision  
• 26 Certificate of registration  
• 27 Effect of registration  

Division 6 -- Conversion of co-operative  

• 28 Conversion of co-operative  

Division 7 -- Reviews  

• 29 Appeal against refusal to approve disclosure statement  
• 30 Appeal against refusal to approve draft rules  
• 31 Appeal against refusal to register  
• 32 Supreme Court’s powers on appeal  

Division 8 -- General  

• 33 Acceptance of money by proposed co-operative  
• 34 Issue of duplicate certificate  

PART 3 -- Legal capacity and powers  

Division 1 -- General powers  

• 35 Effect of incorporation  
• 36 Power to form companies and enter into joint ventures  

Division 2 -- Doctrine of ultra vires abolished  

• 37 Interpretation  
• 38 Doctrine of ultra vires abolished  
• 39 Legal capacity  
• 40 Restrictions on co-operatives in rules  

Division 3 -- Persons having dealings with co-operatives  

• 41 Assumptions entitled to be made  
• 42 Assumptions  
• 43 Person who knows or ought to know is not entitled to make assumptions  
• 44 Lodgment of documents not to constitute constructive knowledge  
• 45 Effect of fraud  

Division 4 -- Authentication and execution of documents and confirmation of contracts  

• 46 Common seal  
• 47 Official seal  
• 48 Authentication need not be under seal  
• 49 Co-operative may authorise person to execute deed  
• 50 Execution under seal  
• 51 Contractual formalities  
• 52 Other requirements as to consent or sanction not affected  

Division 5 -- Pre-registration contracts  

• 53 Contracts before registration  
• 54 Person may be released from liability but is not entitled to indemnity  
• 55 This Division replaces other rights and liabilities  

PART 4 -- Membership  

Division 1 -- General  

• 56 Becoming a member  
• 57 Members of co-operative group  
• 58 Qualification for membership and transitional provision  
• 59 Membership may be joint  
• 60 Members under 18 years of age  
• 61 Representatives of corporations  
• 62 Notification of shareholders and shareholdings  
• 63 Circumstances in which membership ceases -- all co-operatives  
• 64 Additional circumstances in which membership ceases -- co-operatives with share capital  
• 65 Carrying on business with too few members  

Division 2 -- Rights and liabilities of members  

• 66 Rights of membership not exercisable until registered etc.  
• 67 Liability of members to co-operative  
• 68 Co-operative to make information available to person intending to become a member  
• 69 Entry fees and regular subscriptions  
• 70 Members etc. may be required to deal with co-operative  
• 71 Fines payable by members  
• 72 Charge and set off of co-operative  
• 73 Repayment of shares on resignation or expulsion  

Division 3 -- Death of member  

• 74 Meaning of interest  
• 75 Transfer of share or interest on death of member  
• 76 Transfer of small shareholdings and interests on death  
• 77 Value of shares and interests  
• 78 Co-operative protected  

Division 4 -- Disputes involving members  

• 79 Grievance procedure  
• 80 Application to Supreme Court  

Division 5 -- Oppressive conduct of affairs  

• 81 Interpretation  
• 82 Application of Division  
• 83 Who may apply for court order  
• 84 Orders that the Supreme Court may make  
• 85 Basis on which Supreme Court makes orders  
• 86 Winding-up need not be ordered if oppressed members prejudiced  
• 87 Application of winding-up provisions  
• 88 Changes to rules  
• 89 Copy of order to be lodged with Registrar  

Division 6 -- Proceedings on behalf of a co-operative by members and others  

• 90 Bringing, or intervening in, proceedings on behalf of a co-operative  
• 91 Applying for and granting leave  
• 92 Substitution of another person for the person granted leave  
• 93 Effect of ratification by members  
• 94 Leave to discontinue, compromise or settle proceedings brought, or intervened in, with leave  
• 95 General powers of the Supreme Court  
• 96 Power of Supreme Court to make costs order  

PART 5 -- Rules  

• 97 Effect of rules  
• 98 Content of rules  
• 99 Purchase and inspection of copy of rules  
• 100 False copies of rules  
• 101 Model rules  
• 102 Rules can only be altered in accordance with this Act  
• 103 Approval of alteration of rules  
• 104 Alteration by special resolution  
• 105 Alteration by resolution of board  
• 106 Alteration does not take effect until registered  
• 107 Appeal against refusal to approve alteration  
• 108 Appeal against refusal to register  
• 109 Supreme Court’s powers on appeal  

PART 6 -- Active membership  

Division 1 -- Definitions  

• 110 Meaning of active membership resolution  
• 111 What is active membership  
• 112 What are active membership provisions and resolutions  

Division 2 -- Rules to contain active membership provisions  

• 113 Number of primary activities required  
• 114 Rules to contain active membership provisions  
• 115 Factors and considerations for determining primary activities etc.  
• 116 Active membership provisions -- distributing co-operatives  
• 117 Regular subscription -- active membership of non-distributing co-operative  

Division 3 -- Active membership resolutions  

• 118 Notice of meeting  
• 119 Eligibility of directors to vote on proposal at board meeting  

Division 4 -- Cancellation of membership of inactive or missing members  

• 120 Cancellation of membership of inactive or missing member  
• 121 Share to be forfeited if membership cancelled  
• 122 Failure to cancel membership -- offence by director  
• 123 Deferral of forfeiture by board  
• 124 Cancellation of membership prohibited in certain circumstances  
• 125 Notice of intention to cancel membership  
• 126 Order of Supreme Court against cancellation  
• 127 Repayment of amounts due because of cancelled membership  
• 128 Interest on deposits, debentures and co-operative capital units  
• 129 Repayment of deposits, and redemption of debentures and co-operative capital units  
• 130 Register of cancelled memberships  

Division 5 -- Entitlements of former members of distributing co-operatives  

• 131 Application of Division  
• 132 Former shareholders to be taken to be shareholders for certain purposes  
• 133 Entitlements of former shareholders on mergers etc.  
• 134 Set off of amounts repaid etc. on forfeited shares  
• 135 Regulations may exempt co-operatives from provisions  

PART 7 -- Shares  

Division 1 -- Nature of share  

• 136 Nature of share in co-operative  

Division 2 -- Disclosure  

• 137 Disclosure to intending shareholders in distributing co-operative  
• 138 Content of disclosure statement to intending shareholders  
• 139 Exemptions for disclosure statements  

Division 3 -- Issues of shares  

• 140 Shares -- general  
• 141 Application of Corporations Act for particular share subscriptions  
• 142 Minimum paid up amount  
• 143 Shares not to be issued at a discount  
• 144 Issue of shares at a premium  
• 145 Joint ownership of shares  
• 146 Members may be required to take up additional shares  
• 147 Bonus share issues  
• 148 Restrictions on bonus shares  
• 149 Notice about bonus shares  

Division 4 -- Beneficial and non-beneficial interest in shares  

• 150 Direction to disclose  
• 151 Disclosure by member of relevant interests and instructions  
• 152 Registration as trustee etc. on death of owner of shares  
• 153 Registration as administrator of estate on incapacity of shareholder  
• 154 Registration as Official Trustee in Bankruptcy  
• 155 Liabilities of person registered as trustee or administrator  
• 156 Notice of trusts in register of members  
• 157 No notice of trust except as provided by this Division  

Division 5 -- Sale or transfer of shares  

• 158 Sale or transfer of shares  
• 159 Transfer on death of member  
• 160 Restriction on total shareholding  
• 161 Transfer not effective until registered  
• 162 Non-members become members on registration  

Division 6 -- Repurchase of shares  

• 163 Purchase and repayment of shares  
• 164 Deposit, debentures or co-operative capital units instead of payment when share repurchased  
• 165 Cancellation of shares  

PART 8 -- Voting and meetings  

Division 1 -- Voting entitlements  

• 166 Application of Part to voting  
• 167 Voting  
• 168 Voting by proxy  
• 169 Control of the right to vote  
• 170 Effect of disposal of shares on voting rights  
• 171 Effect of relevant share and voting interests on voting rights  
• 172 Rights of representatives  
• 173 Other rights and duties of members not affected by ineligibility to vote  
• 174 Vote of disentitled member to be disregarded  

Division 2 -- Resolutions  

• 175 Decisions to be by ordinary resolution  
• 176 Ordinary resolutions  
• 177 Special resolutions  
• 178 How majority obtained is ascertained  
• 179 Declaration of passing of special resolution  
• 180 Effect of special resolution  
• 181 Lodgment of special resolution  
• 182 Decision of Registrar on application to register special resolution  

Division 3 -- Resolution by circulated document  

• 183 Application of Division 3  
• 184 Resolution by circulation of document -- fewer than 50 members  

Division 4 -- Postal ballots  

• 185 Postal ballots  
• 186 Special postal ballots  
• 187 When a special postal ballot required  
• 188 Holding of postal ballot on requisition  
• 189 Expenses involved in postal ballots on requisition  

Division 5 -- Meetings  

• 190 Annual general meetings  
• 191 Special general meetings  
• 192 Notice of meetings  
• 193 Quorum at meetings  
• 194 Decision at meetings  
• 195 Calling of general meeting on requisition  
• 196 Minutes  

PART 9 -- Management and administration of co-operatives  

Division 1 -- The Board  

• 197 Board of directors  
• 198 Election of directors  
• 199 Qualification of directors  
• 200 Disqualified persons  
• 201 Meeting of the board of directors  
• 202 Transaction of business outside meetings  
• 203 Alternate directors  
• 204 Delegation by board  
• 205 Removal from and vacation of office  

Division 2 -- Secretary  

• 206 Secretary  
• 207 Meaning of officer  
• 208 Officers must act honestly  
• 209 Standard of care and diligence required  
• 210 Improper use of information or position  
• 211 Recovery of damages by co-operative  
• 212 Other duties and liabilities not affected  
• 213 Application of Corporations Act concerning indemnities and insurance for officers and auditors  
• 214 Application of Corporations Act provisions concerning officers of co-operatives  
• 215 Directors’ remuneration  
• 216 Certain financial accommodation to officers prohibited  
• 217 Financial accommodation to directors and associates  
• 218 Restriction on directors of certain co-operatives selling land to co-operative  
• 219 Management contracts  
• 220 Declaration of interest  
• 221 Declarations to be recorded in minutes  
• 222 Division does not affect other laws or rules  
• 223 Certain interests need not be declared  
• 224 Meaning of control and entity  
• 225 Requirements for financial records and financial reports  
• 226 Power of Registrar to grant exemptions  
• 227 Disclosure by directors  
• 228 Protection of auditors etc.  
• 229 Financial year  
• 230 Registers to be kept by co-operatives  
• 231 Location of registers  
• 232 Inspection of registers etc.  
• 233 Use of information on registers  
• 234 Notice of appointment etc. of directors and officers  
• 235 Annual report to be lodged with Registrar  
• 236 List of members to be provided at request of Registrar  
• 237 Special return to be given at request of Registrar  
• 238 Name to include certain matter  
• 239 Use of abbreviations  
• 240 Name to appear on business documents etc.  
• 241 Change of name of co-operative  
• 242 Restriction on use of word “co-operative” or similar words  
• 243 Registered office of co-operative  

PART 10 -- Funds and property  

Division 1 -- Power to raise money  

• 244 Meaning of obtaining financial accommodation  
• 245 Fund raising to be in accordance with Act and regulations  
• 246 Limits on deposit taking  
• 247 Members etc. not required to see to application of money  
• 248 Registrar’s directions about fundraising  
• 249 Subordinated debt  
• 250 Application of Corporations Act to issues of debentures  
• 251 Application of Corporations Act to particular issues of debentures  
• 252 Disclosure statement  
• 253 Approval of board for transfer of debentures  
• 254 Application of Corporations Act -- reissue of redeemed debentures  
• 255 Compulsory loan by member to co-operative  
• 256 Interest payable on compulsory loan  

Division 2 -- Co-operative capital units  

• 257 General nature of co-operative capital units  
• 258 Priority of CCU’s on winding-up  
• 259 Financial accommodation provisions apply to issue of CCUs  
• 260 CCUs to be issued to non-members  
• 261 Minimum requirements for rules concerning CCUs  
• 262 CCUs not to be issued unless terms of issue approved by Registrar  
• 263 Directors’ duties concerning CCUs  
• 264 Redemption of CCUs  
• 265 Capital redemption reserve  
• 266 Issue of shares in substitution for redemption  

Division 3 -- Charges  

• 267 Registration of charges  

Division 4 -- Receivers and other controllers of property of co-operatives  

• 268 Receivers and other controllers of property of co-operatives  

Division 5 -- Disposal of surplus from activities  

• 269 Retention of surplus for benefit of co-operative  
• 270 Application for charitable purposes or members’ purposes  
• 271 Distribution of surplus or reserves to members  
• 272 Application of surplus to other persons  

Division 6 -- Acquisition and disposal of assets  

• 273 Acquisition and disposal of assets  

PART 11 -- Restrictions on the acquisition of interests in co-operatives  

Division 1 -- Restrictions on share and voting interests  

• 274 Application of Part  
• 275 Notice required to be given of voting interest  
• 276 Notice required to be given of substantial share interest  
• 277 Requirements for notices  
• 278 Maximum permissible level of share interest  
• 279 Transitional provision  
• 280 Shares to be forfeited to remedy contravention  
• 281 Powers of board in response to suspected contravention  
• 282 Powers of Supreme Court in relation to contravention  
• 283 Co-operative to notify Registrar of interest over 20%  
• 284 Co-operative to keep register  
• 285 Unlisted companies to provide list of shareholders etc.  
• 286 Excess share interest not to affect loan liability  
• 287 Extent of operation of Division  
• 288 Registrar may grant exemption from Division  

Division 2 -- Restrictions on certain share offers  

• 289 Share offers to which Division applies  
• 290 Offer to be approved by special resolution using special postal ballot  
• 291 Some offers totally prohibited if they discriminate  
• 292 Offers to be submitted to board first  
• 293 Announcements of proposed takeovers concerning proposed company  
• 294 Additional disclosure requirements for offers involving conversion to company  
• 295 Consequences of prohibited offer  
• 296 Registrar may grant exemptions  

PART 12 -- Merger, transfer of engagements, winding-up  

Division 1 -- Mergers and transfers of engagements  

• 297 Application of Division  
• 298 Mergers and transfers of engagements of local co-operatives  
• 299 Requirements before application can be made  
• 300 Disclosure statement required  
• 301 Making an application  
• 302 Approval of merger  
• 303 Approval of transfer of engagements  
• 304 Transfer of engagements by direction of Registrar  

Division 2 -- Transfer of incorporation  

• 305 Application for transfer  
• 306 Requirements before application can be made  
• 307 Meaning of new body and transfer  
• 308 New body ceases to be registered as co-operative  
• 309 Transfer not to impose greater liability etc.  
• 310 Effect of new certificate of registration  
• 311 New body must give copy of new certificate of registration or incorporation to Registrar  
• 312 New body is a continuation of the co-operative  

Division 3 -- Winding-up and deregistration  

• 313 Methods of winding-up  
• 314 Winding-up on Registrar’s certificate  
• 315 Method of deregistration  
• 316 Application of Corporations Act to winding-up and deregistration  
• 317 Restrictions on voluntary winding-up  
• 318 Start of members’ voluntary winding-up  
• 319 Distribution of surplus -- non-distributing co-operatives  
• 320 Liquidator -- vacancy may be filled by Registrar  
• 321 Review of liquidator’s remuneration  
• 322 Liability of member to contribute in a winding-up where shares forfeited etc.  

Division 4 -- Administration of co-operative -- application of Corporations Act  

• 323 Application of Corporations Act to administration of co-operative  

Division 5 -- Appointment of administrator  

• 324 Appointment of administrator  
• 325 Effect of appointment of administrator  
• 326 Revocation of appointment  
• 327 Expenses of administration  
• 328 Liabilities arising from administration  
• 329 Additional powers of Registrar  
• 330 Stay of proceedings  
• 331 Administrator to report to Registrar  

Division 6 -- Effect of merger etc. on property, liabilities etc.  

• 332 How this Division applies to a merger  
• 333 How this Division applies to a transfer of engagements  
• 334 How this Division applies to a transfer of incorporation  
• 335 Effect of merger etc. on property, liabilities etc.  

Division 7 -- Miscellaneous  

• 336 Grounds for winding-up, transfer of engagements, appointment of administrator  
• 337 Application of Corporations Act for insolvent co-operatives  

PART 13 -- Arrangements and reconstructions  

Division 1 -- General requirements  

• 338 Requirements for binding compromise or arrangement  
• 339 Supreme Court ordered meeting of creditors  
• 340 Registrar to be given notice and opportunity to make submissions  
• 341 Results of 2 or more meetings  
• 342 Persons disqualified from administering compromise etc.  
• 343 Application of Schedule 4 to person appointed  
• 344 Application of Corporations Act to person appointed  
• 345 Copy of order to be attached to rules  
• 346 Directors to arrange for reports  
• 347 Power of Supreme Court to restrain further proceedings  
• 348 Supreme Court need not approve compromise or arrangement takeovers  

Division 2 -- Explanatory statements  

• 349 Explanatory statement required to accompany notice of meeting etc.  
• 350 Requirements for explanatory statement  
• 351 Contravention of Division -- offence by co-operative  

Division 3 -- Facilitating reconstructions and mergers  

• 352 Provisions for facilitating reconstructions and mergers  

Division 4 -- Acquisition of shares of dissenting shareholders  

• 353 Definitions  
• 354 Schemes and contracts to which Division applies  
• 355 Acquisition of shares pursuant to notice to dissenting shareholder  
• 356 Restrictions when excluded shares exceed 10%  
• 357 Remaining shareholders may require acquisition  
• 358 Transfer of shares pursuant to compulsory acquisition  
• 359 Disposal of consideration for shares compulsorily acquired  

Division 5 -- Miscellaneous  

• 360 Notification of appointment of scheme manager  
• 361 Power of Supreme Court to require reports  
• 362 Effect of out-of-jurisdiction compromise or arrangement  
• 363 Jurisdiction to be exercised in harmony with Corporations Act jurisdiction  
• 364 Registrar may appear etc.  

PART 14 -- Mutual recognition  

Division 1 -- Introductory  

• 365 Definitions  
• 366 What constitutes carrying on business  
• 367 Co-operatives law  
• 368 Excluded matter  
• 369 Operation of foreign co-operatives in this State  
• 370 Authorisation to carry on business  
• 371 Registration under Companies (Co-operative) Act 1943  
• 372 Notification to Registrar  
• 373 Authorisation notices for participating co-operatives  
• 374 Authorisation notices for non-participating co-operatives  
• 375 Name of foreign co-operative  
• 376 When foreign co-operative not authorised to carry on business  
• 377 Withdrawal of authority to carry on business  
• 378 Appeals  
• 379 Application of Act and regulations to foreign co-operatives  
• 380 Name and place of origin to appear on business and other documents  
• 381 Supply of information to participating Registrars  
• 382 Registrar to be notified of changes  
• 383 Cessation of business  
• 384 Functions conferred on Registrar under co-operatives law  
• 385 Winding-up to relate to State activities  
• 386 Supreme Court may order winding-up  
• 387 Application of Corporations Act to winding-up of foreign co-operatives  
• 388 Outstanding property of foreign co-operative  
• 389 Definitions  
• 390 Authority for merger or transfer of engagements  
• 391 Requirements before application can be made  
• 392 Disclosure statement required  
• 393 Making an application  
• 394 Approval of merger  
• 395 Approval of transfer of engagements  
• 396 Effect of merger or transfer of engagements  
• 397 Division applies instead of certain other provisions of this Act  

PART 15 -- Supervision and protection of co-operatives  

Division 1 -- Supervision and protection  

• 398 Definitions  
• 399 Co-operative includes subsidiaries, foreign co-operatives and co-operative ventures  
• 400 Appointment of inspectors  
• 401 Registrar and investigators have functions of inspectors  
• 402 Inspector’s identity card  
• 403 Production or display of inspector’s identity card  
• 404 Powers of inspector  
• 405 Inspector’s appointment conditions  
• 406 Entry of place  
• 407 Consent to entry  
• 408 Inspectors may require certain persons to appear, answer questions and produce documents  
• 409 Powers of inspectors on place entered  
• 410 Functions of inspectors in relation to relevant documents  
• 411 Protection from incrimination  
• 412 Warrants  
• 413 Warrants -- applications made other than in person  
• 414 Entry with warrant  
• 415 General powers after entering places  
• 416 Power to seize evidence  
• 417 Receipt for seized things  
• 418 Return of seized things  
• 419 Power to require name and address  
• 420 False or misleading statements  
• 421 Power to require production of documents  
• 422 False or misleading documents  
• 423 Obstruction of inspectors  
• 424 Copies or extracts of records to be admitted in evidence  
• 425 Privilege  

Division 2 -- Inquiries  

• 426 Definitions  
• 427 Appointment of investigators  
• 428 Powers of investigators  
• 429 Examination of involved person  
• 430 Privilege  
• 431 Offences by involved person  
• 432 Offences relating to documents  
• 433 Record of examination  
• 434 Report of investigator  
• 435 Proceedings following inquiry  
• 436 Admission of investigator’s report as evidence  
• 437 Costs of inquiry  
• 438 Falsification of records  
• 439 Fraud or misappropriation  
• 440 Offering or paying commission  
• 441 Accepting commission  
• 442 False statements in loan application etc.  
• 443 Application for special meeting or inquiry  
• 444 Holding of special meeting  
• 445 Expenses of special meeting or inquiry  
• 446 Power to hold special inquiry into co-operative  
• 447 Special meeting following inquiry  
• 448 Information and evidence  
• 449 Extension or abridgment of time  
• 450 Power of Registrar to intervene in proceedings  

PART 16 -- Administration of this Act  

Division 1 -- The Registrar  

• 451 Registrar of Co-operatives  
• 452 Deputy Registrar and other staff  
• 453 Delegation by Registrar  
• 454 Registers to be kept by Registrar  
• 455 Keeping of registers  
• 456 Disposal of records by Registrar  
• 457 Inspection of registers  
• 458 Approvals by Registrar  
• 459 Lodgment of documents  
• 460 Way of lodging  
• 461 Power of Registrar to refuse to register or reject documents  

Division 2 -- Protection from liability  

• 462 Particular persons protected from liability  

Division 3 -- Evidence  

• 463 Certificate of registration  
• 464 Certificate evidence  
• 465 Records kept by co-operatives  
• 466 Minutes  
• 467 Official certificates  
• 468 The Registrar and proceedings  
• 469 Rules  
• 470 Registers  

Division 4 -- Enforceable undertakings  

• 471 Undertakings following contravention of, or failure to comply with, this Act  
• 472 Register of undertakings  
• 473 Enforcement orders  

PART 17 -- Offences and proceedings  

• 474 Offences by officers of co-operatives  
• 475 Notice to be given of conviction for offence  
• 476 Secrecy  
• 477 False or misleading statements  
• 478 Further offence for continuing failure to do required act  
• 479 Civil remedies  
• 480 Injunctions  
• 481 Proceedings for offences etc.  

PART 18 -- General  

• 482 Co-operative ceasing to exist  
• 483 Service of documents on co-operative  
• 484 Service on member of co-operative  
• 485 Reciprocal arrangements  
• 486 Translations of documents  
• 487 Exemptions may be on conditions  
• 488 Approval of forms  
• 489 Regulation making power  
• 490 Companies (Co-operative) Act 1943 repealed  
• 491 Co-operative and Provident Societies Act 1903 repealed  

PART 19 -- Transitional and savings provisions  

Division 1 -- Preliminary  

• 492 Terms used in this Part  
• 493 Interpretation Act 1984 not affected  
• 494 Transitional regulations  

Division 2 -- Prohibition on registration under former Act  

• 495 Prohibition on registration under Companies (Co-operative) Act 1943 or Co-operative and Provident Societies Act 1903  

Division 3 -- Transfer to incorporation under this Act  

• 496 Co-operative companies and registered societies to register under this Act  
• 497 Decision of Registrar to register co-operative company or registered society  

Division 4 -- General transitional provisions  

• 498 Special resolutions, applications to the Court and court orders  
• 499 Inspections or inquiry  
• 500 Acquisition of shares of shareholders dissenting from scheme or contract approved by majority  
• 501 Transitional provisions about active members  

Division 5 -- Pending incorporation, reconstruction or winding-up  

• 502 Pending incorporation  
• 503 Pending reconstruction  
• 504 Pending wind-up  

PART 20 -- Consequential amendments  

Division 1 -- Consequential amendments commencing on registration of Co-operative Bulk Handling Limited  

• 505 Grain Marketing Act 2002 amended  
• 506 Local Government Act 1995 amended  

Division 2 -- Consequential amendments commencing on commencement of this Act  

• 507 Civil Judgments Enforcement Act 2004 amended  
• 508 Criminal Property Confiscation Act 2000 amended  
• 509 Equal Opportunity Act 1984 amended  
• 510 Taxi Act 1994 amended  
• 511 Western Australian Treasury Corporation Act 1986 amended  

Division 3 -- Consequential amendments commencing on repeal of former Acts  

• 512 Civil Judgments Enforcement Act 2004 amended  
• 513 Criminal Property Confiscation Act 2000 amended  
• 514 Equal Opportunity Act 1984 amended  
• 515 Housing Loan Guarantee Act 1957 amended  
• 516 Local Government Act 1995 amended  
• 517 Taxi Act 1994 amended  
• 518 Western Australian Treasury Corporation Act 1986 amended  
• SCHEDULE
• SCHEDULE
• SCHEDULE
• SCHEDULE

[Assented to 22 October 2009]