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s 44

Lodgment of documents not to constitute constructive knowledge

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

44 Lodgment of documents not to constitute constructive knowledge

(1)

A person is not considered to have knowledge of a co‑operative’s rules, any of the contents of a co‑operative’s rules, a document, the contents of a document, or any particulars, merely because of either or both of the following —

(a)

the rules, the document or the particulars have been lodged with the Registrar;

(b)

the rules, the document or the particulars are referred to in any other document that has been lodged with the Registrar, or lodged with a person under a previous law corresponding to a provision of this Act.

[(2) deleted]

(3)

Despite subsection (1), a member of a co‑operative is taken to have knowledge of the rules of the co‑operative.

[Section 44 amended: No. 42 of 2011 s. 38.]

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