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s 213

Application of Corporations Act concerning indemnities and insurance for officers and auditors

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Part 9Management and administration of co‑operatives
Division 3Duties and liabilities of directors, officers and employees

213 Application of Corporations Act concerning indemnities and insurance for officers and auditors

A co‑operative is declared to be an applied Corporations legislation matter for the purposes of the Corporations (Ancillary Provisions) Act 2001 Part 3 in relation to the Corporations Act sections 199A, (except 199A(2)(b)), 199B and 199C, subject to the following modifications —

[(a), (b) deleted]

(c)

a reference to section 183 is to be read as a reference to section 210 of this Act;

(d)

a reference to section 182 is to be read as a reference to section 209 of this Act;

(e)

any other modifications, within the meaning of the Corporations (Ancillary Provisions) Act 2001 Part 3, that are prescribed by the regulations.

[Section 213 amended: No. 7 of 2016 s. 64.]

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