116
CurrentNotification of shareholders and shareholdings
Chapter 2Formation, powers and constitution of co-operatives
Part 2.5Membership
Division 1General
116 Notification of shareholders and shareholdings
On the request of the board of a co-operative, a corporation that is a member of the co-operative must provide the board of the co‑operative with:
(a)
a list of the names of all the shareholders of the corporation and the number of shares held by each shareholder; or
(b)
in the case of a corporation without share capital – a list of the members of the corporation;
within 7 days of the request.
Maximum penalty: $2 000.
This Act’s bill:Explanatory statement
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