NSWIn ForceAct
Co-operatives (Adoption of National Law) Act 2012
242Effect of special resolution
Start here
Get a plain-English read of 242
Turn the raw legal text into a practical explanation grounded in Co-operatives (Adoption of National Law) Act 2012.
#### 242 Effect of special resolution
242 Effect of special resolution
> > (1) A special resolution has effect from the date it is passed.
>
> > (2) However, a special resolution relating to anything for which a special resolution is required to be passed by special postal ballot has no effect until it is registered.
> >
> > Note—
> >
> > Section 446 provides that a members’ voluntary winding up of a co-operative starts when the result of the special postal ballot is noted in the minutes by the secretary of the co-operative.
>
> > (3) Subsection (2) and sections 243 and 244 do not apply to a special resolution amending the rules of a co-operative.
> >
> > Note—
> >
> > Part 2.3 deals with amendments to rules and when amendments take effect.