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Cooperatives Regulation 1997.

Country/Territory
Australia
Territorial subdivision
Queensland
Document type
Regulation
Date
1997 (2019)
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Cooperative/producer organization Access-to-information Indigenous peoples
Geographical area
Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific
Entry into force notes
Ss 1-2 of this Regulation enter into force on 29 August 1997. Remaining provisions on 1 September 1997.
Abstract

This Regulation, consisting of 51 sections divided into 14 Parts and 9 schedules and one Attachment, implements the Cooperatives Act 1997. It specifies the rules of a cooperative with share capital must state: a) the minimum number of shares to which a member of the cooperative must subscribe; and b) the way in which the minimum number must be decided, including, for example, by reference to the use made of the cooperative by a member. For the Act, section 101(7), the maximum fine a cooperative may impose on a member under its rules is: a) for a trading cooperative—10 penalty units; or b) for a non-trading cooperative—1 penalty unit.

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

References - Legislation

Implements

Cooperatives Act 1997.

Legislation | Australia | 1997 (2014)

Keyword: Cooperative/producer organization, Agricultural development, Basic legislation

Source: FAO, FAOLEX