s 43
In forcePerson who knows or ought to know is not entitled to make assumptions
Part 3Legal capacity and powers
Division 3Persons having dealings with co‑operatives
43 Person who knows or ought to know is not entitled to make assumptions
This Division does not entitle a person to make an assumption, and does not prevent an assertion being made in relation to an assumption if —
(a)
the person has actual knowledge that the assumption is not correct; or
(b)
the person’s connection or relationship with the co‑operative is such that the person ought to know that the assumption is not correct.
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