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Section 460 - Co-operatives (Adoption of National Law) Act 2012 - Ceasing to be authorised to carry on business in this jurisdiction | Zoe

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Home/Legislation/Co-operatives (Adoption of National Law) Act 2012/460

NSWIn ForceAct

Co-operatives (Adoption of National Law) Act 2012

460Ceasing to be authorised to carry on business in this jurisdiction

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460 Ceasing to be authorised to carry on business in this jurisdiction

A participating co-operative ceases to be authorised to carry on business in this jurisdiction if—

(a) it is deregistered or otherwise ceases to exist as a co-operative under the laws of the place in which it is registered, incorporated or formed; or

(b) its authorisation to carry on business in this jurisdiction is withdrawn under section 461.

Previous section459Authorisation to carry on business in this jurisdiction is subject to conditions and restrictions of participating jurisdiction

Next section461Withdrawal of authorisation to carry on business