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Co-operatives (Adoption of National Law) Act 2012
378Additional disclosure requirements for offers involving conversion to company
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#### 378 Additional disclosure requirements for offers involving conversion to company
378 Additional disclosure requirements for offers involving conversion to company
> If an offer is part of a proposal for, or is conditional on, the registration of the co-operative as a company under the Corporations Act, the disclosure statement required to be sent to members for the special postal ballot must contain the following additional information—
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> > (a) full particulars of any proposal by which a director will acquire a relevant interest in a share of the company to be formed;
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> > (b) other information that—
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> > > (i) is material to the making of a decision by a member whether or not to agree to the making of the offer; and
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> > > (ii) is within the knowledge of the directors; and
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> > > (iii) has not previously been disclosed to the members;
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> > (c) other information the Registrar directs.