272Small co-operative—direction by Registrar (cf Corporations Act s 294)

272 Small co-operative—direction by Registrar (cf Corporations Act s 294)

(1) The Registrar may give a small co-operative a direction to comply with all or specified requirements of this Division and Divisions 4, 5, 7, 8, 9 and 10 for a financial year.

(2) The small co-operative must comply with the direction.

(4) The direction may specify any or all of the matters referred to in section 271 (3) and (4).

(5) The direction may be general or may specify the particular requirements that the co-operative is to comply with.

(6) The direction must specify the date by which the documents have to be prepared, sent or lodged. The date must be a reasonable one in view of the nature of the direction.

(7) The direction must:

(a) be made in writing; and

(b) specify the financial year concerned; and

(c) be made no later than 6 years after the end of that financial year.

Division 4 Annual financial reports