Lodgment of special resolution
181 Lodgment of special resolution
A co‑operative must lodge 2 copies of each special resolution passed by the co‑operative with the Registrar in accordance with this section for registration.
Penalty for this subsection: a fine of $2 000.
The copies must —
be lodged within 28 days after the passing of a special resolution or a longer period allowed by the Registrar; and
be signed by a director, the secretary of the co‑operative or another authorised representative of the co‑operative; and
be accompanied by the lodgment fee prescribed by the regulations.
A co‑operative and an officer of the co‑operative must not knowingly fail to lodge the required copies under this section.
Penalty for this subsection: a fine of $2 000.
Despite The Criminal Code section 23B(2), it is immaterial for the purposes of subsection (1) that any event occurred by accident.
[Section 181 amended: No. 7 of 2016 s. 49 and 200.]
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