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s 345

Copy of order to be attached to rules

In force
Part 13Arrangements and reconstructions
Division 1General requirements

345 Copy of order to be attached to rules

(1)

A co‑operative must ensure that a copy of an order of the Supreme Court approving a compromise or arrangement is attached to each copy of the rules of the co‑operative issued after the order is made.

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

(2)

The Supreme Court may, by order, exempt a co‑operative from compliance with this section or determine the period during which the co‑operative must comply.

[Section 345 amended: No. 7 of 2016 s. 200.]

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