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Co-operatives (Adoption of National Law) Act 2012
543Undertakings
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#### 543 Undertakings
543 Undertakings
> > (1) The Registrar may accept a written undertaking given by a person in connection with a matter relating to a contravention of this Law or where the Registrar has reasonable grounds to believe there may be a contravention of this Law.
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> > (2) Without limiting subsection (1), the Registrar may accept a written undertaking given by the person that the person will do either or both of the following—
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> > > (a) refrain from conduct that constitutes a contravention of this Law;
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> > > (b) take action to prevent or remedy a contravention of this Law.
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> > (3) The person may withdraw or vary an undertaking at any time, if the person has first obtained the consent of the Registrar.
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> > (4) The consent of the Registrar is required for the purposes of subsection (3) even if the undertaking purports to authorise a withdrawal or variation of the undertaking without that consent.
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> > (5) If the Registrar accepts an undertaking given by a person, the Registrar must not proceed against the person in respect of the conduct specified in the undertaking, unless it appears to the Registrar that the person has contravened the undertaking.
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> > (6) Subsection (5) does not apply to an application by the Registrar for an order under section 545.