186Court’s power of disqualification—repeated contraventions of Law (cf Corporations Act s 206E)

186 Court’s power of disqualification—repeated contraventions of Law (cf Corporations Act s 206E)

(1) On application by the Registrar, the Supreme Court may disqualify a person from managing co-operatives for the period that the court considers appropriate if:

(a) the person:

(i) has at least twice been an officer of a co-operative that has contravened co-operatives legislation while they were an officer of the co-operative and each time the person has failed to take reasonable steps to prevent the contravention; or

(ii) has at least twice contravened co-operatives legislation while they were an officer of a co-operative; or

(iii) has been an officer of a body corporate and has done something that would have contravened section 192 or 193 if the body corporate had been a co-operative; and

(b) the court is satisfied that the disqualification is justified.

(2) In determining whether the disqualification is justified, the Supreme Court may have regard to:

(a) the person’s conduct in relation to the management, business or property of any corporation; and

co-operatives legislation means this Law or a corresponding co-operatives law.