Co-operatives National Law Act 2020
sec.49Proposed alteration of rules submitted before commencement
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sec.49 Proposed alteration of rules submitted before commencement
This section applies if— before the commencement, a draft of a proposed alteration of a cooperative’s rules was submitted to the registrar under section 106 of the repealed Act; and immediately before the commencement, the registrar had not decided— to approve the proposed alteration or a different alteration; or to refuse to approve the proposed alteration. Section 106 of the repealed Act continues to apply in relation to the proposed alteration as if that Act had not been repealed. If the registrar approves the proposed alteration, or a different alteration, under section 106(4) of the repealed Act, the approval is taken to be an approval of an amendment of the rules given under section 60(6) of the Law. (sec.49-ssec.1) This section applies if— before the commencement, a draft of a proposed alteration of a cooperative’s rules was submitted to the registrar under section 106 of the repealed Act; and immediately before the commencement, the registrar had not decided— to approve the proposed alteration or a different alteration; or to refuse to approve the proposed alteration. (sec.49-ssec.2) Section 106 of the repealed Act continues to apply in relation to the proposed alteration as if that Act had not been repealed. (sec.49-ssec.3) If the registrar approves the proposed alteration, or a different alteration, under section 106(4) of the repealed Act, the approval is taken to be an approval of an amendment of the rules given under section 60(6) of the Law.
- (a) before the commencement, a draft of a proposed alteration of a cooperative’s rules was submitted to the registrar under section 106 of the repealed Act; and
- (b) immediately before the commencement, the registrar had not decided— (i) to approve the proposed alteration or a different alteration; or (ii) to refuse to approve the proposed alteration.
- (i) to approve the proposed alteration or a different alteration; or
- (ii) to refuse to approve the proposed alteration.
- (i) to approve the proposed alteration or a different alteration; or
- (ii) to refuse to approve the proposed alteration.