366Powers of Supreme Court about contravention

366 Powers of Supreme Court about contravention

366 Powers of Supreme Court about contravention

(1) If a person has contravened section 360 or 361 in relation to a co-operative, the Supreme Court may, on the application of the co-operative or the Registrar, make any order it considers appropriate.

(2) Without limiting subsection (1), an order may include—

(a) a remedial order; and

(b) for securing compliance with any other order made under this section—an order directing the co-operative or another person to do or refrain from doing a stated act.

(3) An order may be made whether or not the contravention continues.

(4) Proof to the satisfaction of the Supreme Court at the hearing of an application that—

(a) a person has a relevant interest in a share of a co-operative because an associate (within the meaning of Part 2 of Schedule 2) of the person has a relevant interest in a share; and

(b) the associate became entitled to the relevant interest within 6 months before the application was filed with the court;

is evidence that the associate was an associate of the person from the time the person first had the relevant interest until the date of the hearing.