Registered office of co-operative
226 Registered office of co-operative
A co-operative must have a registered office.Maximum penalty—$2,000.
A co-operative is guilty of an offence if its registered office is not located in this jurisdiction.Maximum penalty—$2,000.
A co-operative must, at the premises of its registered office, publicly and conspicuously display a notice stating the name of the co-operative and identifying the premises as its registered office.Maximum penalty—$2,000.
Within 28 days after changing the address of its registered office, a co-operative must give the Registrar written notice of the new address of its registered office.Maximum penalty—$2,000.
A co-operative’s office is registered as the co-operative’s registered office while the address of the office is recorded in the register of co-operatives by the Registrar and there specified as its registered office.
The Registrar may, by designated instrument, exempt a small co-operative, a class of small co-operatives or all small co-operatives from subsection (3).
An exemption may be given unconditionally or subject to conditions.
An offence based on subsection (1), (2), (3) or (4) is an offence of strict liability.
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