58
CurrentFalse copies of rules
Chapter 2Formation, powers and constitution of co-operatives
Part 2.3Rules
Division 1Rules of a co-operative
58 False copies of rules
(1)
A person must not give to a member of a co-operative or to a person intending or applying to become a member of a co-operative a copy of any rules or any amendments of rules, other than those that have been registered, representing that they are binding on the members of the co-operative.
(2)
A person must not amend any of the rules of a co-operative after they have been registered and circulate the amended rules representing that they have been registered when they have not been.
Maximum penalty: $1 000.
This Act’s bill:Explanatory statement
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