223Name to appear on seals, publications and business documents

#### 223 Name to appear on seals, publications and business documents 223 Name to appear on seals, publications and business documents > > (1) A co-operative must ensure its name appears in legible characters— > > > > > (a) on each seal of the co-operative; and > > > > > (b) in all notices, advertisements and other official publications of the co-operative; and > > > > > (c) in all its business documents. > > > > Maximum penalty—$2,000. > > > (2) An officer of a co-operative or a person on its behalf must not— > > > > > (a) use any seal of the co-operative; or > > > > > (b) issue or authorise the issue of a notice, advertisement or other official publication of the co-operative; or > > > > > (c) sign or authorise to be signed on behalf of the co-operative a business document of the co-operative; > > > > in or on which the co-operative’s name does not appear in legible characters. > > > > Maximum penalty—$2,000. > > > (3) A director of a co-operative must not knowingly authorise or permit a contravention of this section. > > > > Maximum penalty—$2,000. > > > (4) An offence based on subsection (1) is an offence of strict liability. > > > (5) In this section— > > > > business document of a co-operative means a document that is issued, signed or endorsed by or on behalf of the co-operative and is— > > > > > (a) a business letter, statement of account, invoice or order for goods or services; or > > > > > (b) a bill of exchange, promissory note, cheque or other negotiable instrument; or > > > > > (c) a receipt or letter of credit issued by the co-operative; or > > > > > (d) a document of a class prescribed by the National Regulations as a class of business documents.