184Court’s power of disqualification—contravention of civil penalty provision

184 Court’s power of disqualification—contravention of civil penalty provision

184 Court’s power of disqualification—contravention of civil penalty provision

(cf Corporations Act s 206C)

(1) On application by the Registrar, the Supreme Court may disqualify a person from managing co-operatives for a period that the court considers appropriate if—

(a) a declaration is made under section 554 that the person has contravened a civil penalty provision; and

(b) the court is satisfied that the disqualification is justified.

(2) In determining whether the disqualification is justified, the court may have regard to—

(a) the person’s conduct in relation to the management, business or property of any corporation; and

(b) any other matters that the court considers appropriate.