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s 41

Assumptions entitled to be made

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Part 3Legal capacity and powers
Division 3Persons having dealings with co‑operatives

41 Assumptions entitled to be made

(1)

A person is entitled to make the assumptions in section 42 in relation to —

(a)

dealings with a co‑operative; and

(b)

dealings with a person who has, or purports to have, directly or indirectly acquired title to property from a co‑operative.

(2)

If a person is entitled to assume a matter, the co‑operative or anyone referred to in subsection (1)(b) is not entitled to assert in proceedings in relation to the dealings that the matter is incorrect.

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