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Co-operatives (Adoption of National Law) Act 2012
540Civil remedies
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#### 540 Civil remedies
540 Civil remedies
> > (1) If a co-operative in making, guaranteeing or raising a loan or receiving a deposit contravenes this Law or a rule of the co-operative, the civil rights and liabilities of the co-operative or another person in relation to the recovery of the loan or deposit are not affected or prejudiced by the contravention, but the money becomes immediately payable.
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> > (2) The same remedies may be had for the recovery of the loan or deposit and for the enforcement of any security for it as if there had not been a contravention of this Law or the rules of the co-operative.