NSWIn ForceAct
Co-operative Housing and Starr-Bowkett Societies Act 1998
157Society to comply with direction
Start here
Get a plain-English read of 157
Turn the raw legal text into a practical explanation grounded in Co-operative Housing and Starr-Bowkett Societies Act 1998.
157 Society to comply with direction
157 Society to comply with direction
(1) A society must take all reasonable steps to comply with a direction under this Division to transfer its engagements.
Maximum penalty—10 penalty units.
(2) An officer of a society must not—
(a) fail to take all reasonable steps to secure compliance by the society with a direction to transfer its engagements, or
(b) by a wilful act or omission, be the cause of a failure by the society to comply with a direction to transfer its engagements.
Maximum penalty—10 penalty units.