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Co-operatives National Law Application Act 2013
460Ceasing to be authorised to carry on business in this jurisdiction
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460 Ceasing to be authorised to carry on business in this jurisdiction
A participating co-operative ceases to be authorised to carry on business in this jurisdiction if:
(a) it is deregistered or otherwise ceases to exist as a co-operative under the laws of the place in which it is registered, incorporated or formed; or
(b) its authorisation to carry on business in this jurisdiction is withdrawn under section 461.