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s 243

Registered office of co‑operative

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Part 9Management and administration of co‑operatives
Division 8Name and registered office

243 Registered office of co‑operative

(1)

A co‑operative must have a registered office.

Penalty for this subsection: a fine of $2 000.

(2)

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.

Penalty for this subsection: a fine of $2 000.

(3)

Within 28 days after changing the address of its registered office, a co‑operative must give the Registrar written notice of the new address.

Penalty for this subsection: a fine of $2 000.

(4)

The Registrar may, by order published in the Gazette, exempt a small co‑operative, a class of small co‑operatives or all small co‑operatives from subsection (2).

(5)

An exemption may be granted unconditionally or subject to conditions.

(6)

Despite The Criminal Code section 23B(2), it is immaterial for the purposes of subsections (1), (2) and (3) that any event occurred by accident.

[Section 243 amended: No. 7 of 2016 s. 84 and 200.]

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