7
CurrentCorresponding co-operatives law
Part 4Repeals and transitional matters
Division 2Co-operatives (National Uniform Legislation) Act 2015
7 Corresponding co-operatives law
(1)
This section determines what (if any) law of another jurisdiction is a corresponding co‑operatives law for the purposes of this Law.
(2)
If this Law applies as a law of the other jurisdiction (whether with or without modification), this Law as so applying is a corresponding co-operatives law for the purposes of this Law.
(3)
If this Law does not apply as a law of the other jurisdiction, a law of the other jurisdiction is a corresponding co-operatives law for the purposes of this Law if the National Regulations declare that the law substantially corresponds to the provisions of this Law.
This Act’s bill:Explanatory statement
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