Co-Operatives (National Uniform Legislation) Act 2015

A person is a disqualified person in relation to a co-operative if the person:

is disqualified from managing corporations under Part 2D.6 of the

is disqualified from managing co-operatives under this Division;

is disqualified from managing co-operatives under a corresponding co‑operatives law; or

is the auditor of the co-operative or a business partner, employee or employer of the auditor.

A person must not act as a director or directly or indirectly take part in, or be concerned with the management of, a co-operative if the person is a disqualified person in relation to the co-operative.

It is a defence to an offence arising under this section if the person had permission or leave:

in the case of an offence arising in relation to subsection (1)(a) – to manage corporations granted under section 206G of the Corporations Act and as referred to in section

in any case – to manage co-operatives given or granted under either section 188 or 189;