261
CurrentQuestions and comments by members on co-operative management at annual general meeting (cf Corporations Act s 250S)
Chapter 3Management and operation of co-operatives
Part 3.2Voting and meetings
Division 5Meetings
261 Questions and comments by members on co-operative management at annual general meeting (cf Corporations Act s 250S)
(1)
The chairperson of an annual general meeting of a co-operative must allow a reasonable opportunity for the members as a whole at the meeting to ask questions about or make comments on the management of the co-operative.
Maximum penalty: $500.
(2)
An offence based on subsection (1) is an offence of strict liability.
This Act’s bill:Explanatory statement
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