212Registers to be kept by co-operatives

212 Registers to be kept by co-operatives

(1) A co-operative must keep the following registers under this section:

(a) a register of directors;

(b) a register of members (including their shareholding, if any);

(c) a register of:

(i) loans to, securities given by, debentures issued by, and deposits received by the co-operative; and

(ii) names of persons who have given loans or deposits to the co-operative or hold securities or debentures given or issued by the co-operative;

(d) a register of loans made by or guaranteed by the co-operative, and of securities taken by the co-operative;

(e) a register of CCUs issued by the co-operative and their holders;

(f) a register of memberships cancelled under Part 2.6;

(g) a register of notifiable interests under section 368;

(h) other registers required by the National Regulations.

(2) Registers kept by a co-operative under this Law must be kept in the way, and contain the particulars, prescribed by this Law or the National Regulations.

Note. Other provisions of this Law require a co-operative to keep other registers.