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Co-operatives National Law Application Act 2013
193Good faith—civil obligations (cf Corporations Act s 181)
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193 Good faith—civil obligations (cf Corporations Act s 181)
(1) Good faith—directors and other officers
A director or other officer of a co-operative must exercise their powers and discharge their duties:
(a) in good faith in the best interests of the co-operative; and
(b) for a proper purpose.
(2) A person who is involved in a contravention of subsection (1) contravenes this subsection.
**Note 2**. Section 9 defines “involved” in a contravention.