Co-operatives National Law (Queensland)
sec.115Representatives of corporations
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sec.115 Representatives of corporations
If a corporation is a member of a co-operative, it may by instrument served on the co-operative appoint a person to represent it in relation to its membership. A corporation must not appoint a person to represent the corporation as a member of a co-operative if the person is currently a member of the co-operative or a representative of another corporation member. Maximum penalty—$1,000. The power to appoint a representative is subject to any restriction imposed by the rules of the co-operative as to the entitlement of a person to represent a corporation. A person is not qualified to be appointed the representative of a company that is not a listed corporation (within the meaning of the Corporations Act ) unless the person is an officer, member or employee of the company. (sec.115-ssec.1) If a corporation is a member of a co-operative, it may by instrument served on the co-operative appoint a person to represent it in relation to its membership. (sec.115-ssec.2) A corporation must not appoint a person to represent the corporation as a member of a co-operative if the person is currently a member of the co-operative or a representative of another corporation member. Maximum penalty—$1,000. (sec.115-ssec.3) The power to appoint a representative is subject to any restriction imposed by the rules of the co-operative as to the entitlement of a person to represent a corporation. (sec.115-ssec.4) A person is not qualified to be appointed the representative of a company that is not a listed corporation (within the meaning of the Corporations Act ) unless the person is an officer, member or employee of the company.