Part 11Restrictions on the acquisition of interests in co‑operatives

Part 11 — Restrictions on the acquisition of interests in co‑operatives Division 1 — Restrictions on share and voting interests 274. Application of Part 253 275. Notice required to be given of voting interest 253 276. Notice required to be given of substantial share interest 253 277. Requirements for notices 254 278. Maximum permissible level of share interest 254 279. Transitional provision 255 280. Shares to be forfeited to remedy contravention 256 281. Powers of board in response to suspected contravention 256 282. Powers of Supreme Court in relation to contravention 257 283. Co‑operative to notify Registrar of interest over 20% 257 284. Co‑operative to keep register 258 285. Unlisted companies to provide list of shareholders etc. 258 286. Excess share interest not to affect loan liability 259 287. Extent of operation of Division 259 288. Registrar may grant exemption from Division 260 Division 2 — Restrictions on certain share offers 289. Share offers to which Division applies 260 290. Requirements to be satisfied before offer can be made 261 291. Some offers totally prohibited if they discriminate 261 292. Offers to be submitted to board first 261 293. Announcements of proposed takeovers concerning proposed company 262 294. Additional disclosure requirements for offers involving conversion to company 264 295. Consequences of prohibited offer 264 296. Registrar may grant exemptions 265