Provisions regarding Registrar's approvals about numbers
20 Provisions regarding Registrar's approvals about numbers
(1) The Registrar may give one composite approval that operates as more than one of the following:
(a) an approval concerning the number of active members of a co-operative required under section 18(3) or 19(3);
(b) an approval concerning the number of persons required to hold the formation meeting of a co-operative under section 22(2);
(c) an approval concerning the number of members required to sign the application for registration of a proposed co-operative under section 26(1);
(d) an approval concerning the minimum number of members for a co-operative to continue to carry on business under section 119.
A composite approval may be given in relation to:
a particular co-operative or proposed co-operative; or
a particular class of co-operatives or proposed co-operatives; or
all co-operatives or proposed co-operatives.
(3) This section does not limit the power of the Registrar to give separate approvals under any of the relevant sections.
Division 2 Formation meeting
This Act’s bill:Explanatory statement
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