188Registrar’s power to give permission

188 Registrar’s power to give permission

188 Registrar’s power to give permission

(cf Corporations Act s 206F (5))

(1) The Registrar may give a person whom the Registrar has disqualified from managing co-operatives under this Division written permission to manage a particular co-operative or co-operatives.

(2) The permission may be expressed to be subject to conditions and limitations determined by the Registrar.

(3) A person must comply with any condition or limitation subject to which permission is given.

Maximum penalty—$24,000 or imprisonment for 2 years, or both.