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Co-operatives (Adoption of National Law) Act 2012
187Registrar’s power of disqualification
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#### 187 Registrar’s power of disqualification
187 Registrar’s power of disqualification
(cf Corporations Act s 206F (1)–(4))
> > (1) The Registrar may disqualify a person from managing co-operatives for up to 5 years if—
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> > > (a) within 7 years immediately before the Registrar gives a notice under paragraph (b) (i)—
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> > > > (i) the person has been an officer of 2 or more co-operatives; and
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> > > > (ii) while the person was an officer, or within 12 months after the person ceased to be an officer of those co-operatives, each of the co-operatives was wound up and a liquidator lodged a report about the co-operative’s inability to pay its debts; and
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> > > (b) the Registrar has given the person—
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> > > > (i) a notice in the approved form requiring them to demonstrate why they should not be disqualified; and
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> > > > (ii) an opportunity to be heard on the question; and
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> > > (c) the Registrar is satisfied that the disqualification is justified.
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> > (2) If the Registrar disqualifies a person from managing co-operatives under this section, the Registrar must serve a notice on the person advising them of the disqualification.
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> > (3) The notice must be in the approved form.
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> > (4) The disqualification takes effect from the time when a notice referred to in subsection (2) is served on the person.