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s 282

Powers of Supreme Court in relation to contravention

In force
Part 11Restrictions on the acquisition of interests in co‑operatives
Division 1Restrictions on share and voting interests

282 Powers of Supreme Court in relation to contravention

(1)

If a person has contravened section 278 in relation to a co‑operative, the Supreme Court may, on the application of the co‑operative or the Registrar, make any order it considers appropriate.

(2)

Without limiting subsection (1), an order may include —

(a)

a remedial order; and

(b)

for the purpose of securing compliance with any other order made under this section, an order directing the co‑operative or any other person to do or refrain from doing a specified act.

(3)

An order may be made whether or not the contravention continues.

(4)

Proof to the satisfaction of the Supreme Court at the hearing of an application that —

(a)

a person has a relevant interest in a share of a co‑operative because an associate of the person has a relevant interest in a share; and

(b)

the associate became entitled to the relevant interest within 6 months before the application was filed with the Supreme Court,

is evidence that the associate was an associate of the person from the time the person first had the relevant interest until the date of the hearing.

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