579Bringing, or intervening in, proceedings on behalf of co-operative

579 Bringing, or intervening in, proceedings on behalf of co-operative

(1) Bringing or intervening in proceedings (cf Corporations Act s 236 (1))

A person may bring proceedings on behalf of a co-operative, or intervene in any proceedings to which a co-operative is a party for the purpose of taking responsibility on behalf of the co-operative for those proceedings, or for a particular step in those proceedings (for example, compromising or settling them), if:

(a) the person is:

(i) a member, former member, or person entitled to be registered as a member, of the co-operative or of a related corporation; or

(ii) an officer or former officer of the co-operative; or

(iii) the Registrar; and

(b) the person is acting with leave granted under section 580.

(2) Bringing proceedings in co-operative’s name (cf Corporations Act s 236 (2))

Proceedings brought on behalf of a co-operative may be brought in the co-operative’s name.