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s 376

When participating co-operative not authorised to carry on business

In force
Part 14Participating co‑operatives
Division 2Participating co‑operatives carrying on business in this State

376 When participating co-operative not authorised to carry on business

A participating co‑operative ceases to be authorised to carry on business in this State if —

(a)

it is deregistered or otherwise ceases to exist as a co‑operative under the laws of the place in which it is registered, incorporated or formed; or

(b)

its authority to carry on business in this State is withdrawn under section 377.

[Section 376 amended: No. 7 of 2016 s. 132.]

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