64
CurrentModel rules
Chapter 2Formation, powers and constitution of co-operatives
Part 2.3Rules
Division 2Model rules
64 Model rules
(1)
The National Regulations may prescribe model rules.
(2)
The model rules may make provision for anything for which the rules of a co-operative may make provision.
(3)
A model rule commences on—
(a)
the day occurring 28 days after the date of publication of the National Regulations containing the model rule; or
(b)
a later day specified in, or ascertained in accordance with, the model rule or the National Regulations.
(4)
A model rule may apply generally or be limited in its application to a specified class of co-operatives.
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