NSWIn ForceAct
Co-operatives National Law (NSW)
456What constitutes carrying on business
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456 What constitutes carrying on business
456 What constitutes carrying on business
For the purposes of this Chapter and without limiting the definition of carry on business in section 4 in its application to a participating co-operative, a participating co-operative carries on business in this jurisdiction if it—
(a) solicits for members in this jurisdiction; or
(b) seeks share capital in this jurisdiction, takes deposits in this jurisdiction or offers other securities in the co-operative in this jurisdiction (including the issue of CCUs and debentures).