272Small co-operative—direction by Registrar

#### 272 Small co-operative—direction by Registrar 272 Small co-operative—direction by Registrar (cf Corporations Act s 294) > > (1) The Registrar may give a small co-operative a direction to comply with all or specified requirements of this Division and Divisions 4, 5, 7, 8, 9 and 10 for a financial year. > > > (2) The small co-operative must comply with the direction. > > > > Maximum penalty—$1,000. > > > (3) An offence based on subsection (2) is an offence of strict liability. > > > (4) The direction may specify any or all of the matters referred to in section 271 (3) and (4). > > > (5) The direction may be general or may specify the particular requirements that the co-operative is to comply with. > > > (6) The direction must specify the date by which the documents have to be prepared, sent or lodged. The date must be a reasonable one in view of the nature of the direction. > > > (7) The direction must— > > > > > (a) be made in writing; and > > > > > (b) specify the financial year concerned; and > > > > > (c) be made no later than 6 years after the end of that financial year.