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Co-operatives (Adoption of National Law) Act 2012
264General modifications to applied provisions of Chapter 2M of Corporations Act
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#### 264 General modifications to applied provisions of Chapter 2M of Corporations Act
264 General modifications to applied provisions of Chapter 2M of Corporations Act
> > (1) This section applies to the provisions of Chapter 2M of the Corporations Act as they apply under this Part.
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> > (2) In those provisions—
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> > > (a) a reference to a company that is an auditor of a co-operative is to be read as a reference to a company and not a co-operative; and
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> > > (b) a reference to a small proprietary company is to be read as a reference to a small co-operative (which is defined in section 4 as a co-operative of a class or description prescribed by the National Regulations); and
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> > > (c) a reference to an order of exemption is to be read as a reference to an exemption under Division 14 of this Part.
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> > (3) Subsection (2) does not apply to the extent to which this Law or the National Regulations provide otherwise, whether expressly or by implication.