40
CurrentInterpretation
Chapter 2Formation, powers and constitution of co-operatives
Part 2.2Legal capacity and powers
Division 2Doctrine of ultra vires not to apply
40 Interpretation
In this Division:
(a) a reference to the doing of an act by a co-operative includes a reference to the making of an agreement by the co-operative and a reference to a transfer of property to or by the co‑operative; and
(b)
a reference to legal capacity includes a reference to powers.
This Act’s bill:Explanatory statement
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