64Model rules

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64 Model rules

(1) The National Regulations may prescribe model rules.

(2) The model rules may make provision for anything for which the rules of a co-operative may make provision.

(3) A model rule commences on:

(a) the day occurring 28 days after the date of publication of the National Regulations containing the model rule; or

(b) a later day specified in, or ascertained in accordance with, the model rule or the National Regulations.

(4) A model rule may apply generally or be limited in its application to a specified class of co-operatives.