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Co-operatives (Adoption of National Law) Act 2012 No. 29.

Country/Territory
Australia
Territorial subdivision
New South Wales
Document type
Legislation
Date
2012 (2015)
Source
FAO, FAOLEX
Long title
An Act relating to the formation, registration and management of co-operatives; and for related purposes.
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Legal proceedings/administrative proceedings Agricultural development Monitoring Registration
Geographical area
Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific
Abstract

This Act, consisting of 25 sections divided into five Parts and completed by one Schedule and one Appendix specifying the Co-operatives National Law, provides for the establishment and operation of cooperatives in New South Wales. The objects of this Law are: (a) to enable the formation, registration and operation of co-operatives; and (b) to promote co-operative philosophy, principles, practices and objectives; and (c) to protect the interests of co-operatives, their members and the public in the operations and activities of co-operatives; and (d) to ensure directors of co-operatives are accountable for their actions and decisions to the members of co-operatives; and (e) to encourage and facilitate self-management by co-operatives at all levels; and (f) to encourage the development, integration and strengthening of co-operatives at local, regional, national and international levels by supporting and fostering State, Territory and national peak organisations and co-operative instrumentalities.

Full text
English
Website
www.legislation.nsw.gov.au

References - Legislation

Repeals

Co-operatives Act 1992.

Legislation | Australia | 1992 (2005)

Keyword: Cooperative/producer organization

Source: FAO, FAOLEX