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AUS-2012-L-93160
Breadcrumb
Title_of_text
Co-operatives (Adoption of National Law) Act 2012 No 29.
Main Region
First Region
Country(ies)
Australia
Territorial subdivision(s)
New South Wales
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
2012-05-18
Scope of text
Non-Metropolitan Territories
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
This Act implements the Co-operatives National Law (CNL). The CNL is a template model of legislation drafted to continue the important principles of co-operation developed by the International Co-operative Alliance and to implement modern principles of corporate governance and accountability similar to requirements for other corporate entities. By aligning co-operatives laws on corporate governance and accountability more closely with laws regarding companies, it is expected that co-operatives will be able to compete on a level playing field with these entities.
PART 1 Preliminary
1 Name of Act
2 Commencement
3 Definitions
PART 2 Application of Co-operatives National Law and Co-operatives National Regulations
4 Adoption of Co-operatives National Law and Co-operatives National Regulations
5 Meaning of certain terms in Co-operatives National Law for purposes of this jurisdiction
6 Exclusion of legislation of this jurisdiction
PART 3 Some matters referred to in Co-operatives National Law (NSW)
7 Designated authority, designated instrument and designated tribunal (Co-operatives National Law s 4)
8 Adjustment of date referred to in Corporations Act as applied (Co-operatives National Law ss 201, 444 and 451)
9 Disposal of consideration for shares compulsorily acquired (Co-operatives National Law s 436)
10 Deregistration (Co-operatives National Law s 453-sections 601AD, 601AE and 601AF of Corporations Act as applied)
11 Warrants (Co-operatives National Law ss 483 and 518)
12 Costs of inquiry (Co-operatives National Law s 530)
13 Secrecy (Co-operatives National Law s 537)
14 Pecuniary penalty orders (Co-operatives National Law s 556)
15 Stamp duty (Co-operatives National Law s 620)
16 Registration fees (Co-operatives National Law s 620)
PART 4 Regulations
17 National Regulations
18 Local regulations
PART 5 Miscellaneous
19 Non-application of Co-operatives National Law to co-operative housing societies and other bodies
20 Orders and other instruments published in Gazette
21 Proceedings for offences
22 Proceedings for recovery of fines or penalties under co-operative's rules
23 Particular officials protected from liability
24 Registrar of Co-operatives
25 Repeals
Schedule 1 Savings and transitional provisions
Entry dates region
Date of entry into force
2013
As at 27 May 2013 the Act is not yet in force
Repealed Text region
Repealed text(s)
1995-10-26 (AUS-1995-L-44559)
Co-operatives Amendment Act 1995 (No. 41 of 1995).
Repealed text(s)
1997-06-30 (AUS-1997-L-50794)
Co-operatives Amendment Act 1997 (No. 39 of 1997).
Repealed text(s)
1997-11-28 (AUS-1997-R-50948)
Co-operatives Regulation 1997 (No. 631 of 1997).
Repealed text(s)
1999-05-31 (AUS-1999-L-59081)
Cooperatives Legislation Amendment Act 1999 (No. 2 of 1999).
Repealed text(s)
1992-05-14 (AUS-1992-L-81284)
Co-operatives Act 1992 No 18.
Related Text region
Related text(s)
2017-05-01 (AUS-2017-L-105307)
Co-operatives National Law (ACT) Act 2017 (A2017-8).
Electronic region
Electronic source title
Legislation on-line
Author
NSW Legislation
Country
Australia
URL
http://www.legislation.nsw.gov.au