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s 198

Election of directors

In force
Part 9Management and administration of co‑operatives
Division 1The Board

198 Election of directors

(1)

Except as provided in subsections (2), (3) and (4), the directors of a co‑operative are to be elected in the manner specified in the rules of the co‑operative.

(2)

The first directors of —

(a)

a co‑operative formed under this Act are to be elected at its formation meeting; and

(b)

a co‑operative that was a corporation incorporated under another Act are to be the directors in office at the date of registration under this Act.

(3)

If authorised by the rules of the co‑operative, a board of directors may —

(a)

appoint a person to fill a casual vacancy in the office of a director until the next annual general meeting; or

(b)

appoint an employee of the co‑operative, or a person qualified as provided by the rules, to be a director of the co‑operative until the next annual general meeting.

(4)

A resolution passed at a general meeting of a co‑operative electing 2 or more directors is void unless —

(a)

the meeting previously resolved that the nominations for election could be voted on together; and

(b)

no votes were cast against that previous resolution.

(5)

Subsection (4) does not affect —

(a)

a resolution to appoint directors by an amendment to the co‑operative’s rules; or

(b)

a ballot or poll to elect 2 or more directors if the ballot or poll does not require members voting for one candidate to vote for another specific candidate.

(6)

For the purposes of subsection (5), a ballot or poll does not require a member to vote for a candidate merely because the member is required to express a preference among individual candidates in order to cast a valid vote.

(7)

A nomination for election or appointment to the office of a director must give details of the qualifications and experience of the person nominated.

(8)

Unless this Act or the rules of a co‑operative provides otherwise, a director is eligible for re‑election at the end of his or her term of office.

[Section 198 amended: No. 7 of 2016 s. 57.]

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