41Doctrine of ultra vires not to apply

#### 41 Doctrine of ultra vires not to apply 41 Doctrine of ultra vires not to apply > > (1) The objects of this Division are— > > > > > (a) to provide that the doctrine of ultra vires does not apply to co-operatives; and > > > > > (b) without affecting the validity of a co-operative’s dealings with others—to ensure the co-operative’s officers and members give effect to the provisions of the rules of the co-operative relating to the primary activities or powers of the co-operative. > > > (2) This Division is to be construed and to have effect in accordance with subsection (1).