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Co-operatives (Adoption of National Law) Act 2012
429Contravention of this Division—offence by co-operative
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#### 429 Contravention of this Division—offence by co-operative
429 Contravention of this Division—offence by co-operative
> > (1) If a provision of this Division is contravened, the co-operative concerned and any other person involved in the contravention commits an offence.
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> > Maximum penalty—$2,000.
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> > Note—
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> > Section 9 defines “involved” in a contravention.
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> > (2) It is a defence to a prosecution for an offence under subsection (1) if it is proved the contravention was because of the failure of a person (other than the defendant), who is a director of the co-operative or a trustee for debenture holders of the co-operative, to supply for the explanatory statement particulars of the person’s interests.