Modification of s 225 (Restriction on use of word co-operative or similar words)
14 Modification of s 225 (Restriction on use of word co-operative or similar words)
Section 225, after subsection (1)—insert—
The Registrar may, by written notice given to an entity, exempt the entity from subsection (1).
An exemption given under subsection (1A):
may be given subject to conditions; and
has effect for the period stated in the exemption, unless it is earlier revoked.
If the Registrar gives an entity an exemption under subsection (1A):
subsection (1) does not apply in relation to the entity while the exemption is in effect; and
the Registrar may vary the conditions of the exemption, or revoke the exemption, by written notice given to the entity.
For subsections (1A) and (1C)(b), a written notice given to a member of the controlling body of an entity is taken to have been given to the entity.
Editor’s note—
Subsections (1A) to (1D) are additional Queensland provisions.
This Act’s bill:Explanatory memorandumSecond reading speech
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