Co-operatives National Law Act 2020
sec.43Fines may be imposed on members after commencement
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sec.43 Fines may be imposed on members after commencement
A co-operative may impose a fine on a member under section 126 of the Law for an infringement of the rules of the co-operative that happened before the commencement. However, subsection (1) does not apply if a fine was imposed on the member for the infringement under section 74 of the repealed Act. (sec.43-ssec.1) A co-operative may impose a fine on a member under section 126 of the Law for an infringement of the rules of the co-operative that happened before the commencement. (sec.43-ssec.2) However, subsection (1) does not apply if a fine was imposed on the member for the infringement under section 74 of the repealed Act.