359Acquisition and disposal of assets

359 Acquisition and disposal of assets

Part 3.5 Restrictions on acquisition of interests in co-operatives

Division 1 Restrictions on share and voting interests

360 Notice required to be given of voting interest

361 Notice required to be given of substantial share interest

362 Requirements for notices

363 Maximum permissible level of share interest

364 Shares to be forfeited to remedy contravention

365 Powers of board in response to suspected contravention

366 Powers of Supreme Court about contravention

367 Co-operative to inform Registrar of interest over 20%

368 Co-operative to keep register

369 Unlisted companies to provide list of shareholders etc

370 Excess share interest not to affect loan liability

371 Extent of operation of this Division

372 Exemptions

Division 2 Restrictions on certain share offers

373 Share offers to which this Division applies

374 Requirements to be satisfied before offer can be made

375 Some offers totally prohibited if they discriminate

376 Offers to be submitted to board first

377 Announcements of proposed takeovers about proposed company

378 Additional disclosure requirements for offers involving conversion to company

379 Consequences of prohibited offer

380 Exemptions

Chapter 4 Structural and other events for co-operatives

Part 4.1 Appointment of administrator

Division 1 Introductory