sec.27Registration of proposed co-operative

sec.27 Registration of proposed co-operative

If an application is made under this Division for registration of a proposed co-operative, the Registrar must register the co-operative and its rules if the Registrar is satisfied that the requirements for registration of the co-operative have been met. The requirements for registration of a co-operative under this Division are as follows— the proposed rules of the proposed co-operative must be the rules approved by the Registrar under section 24 ; the requirements of this Law must have been complied with in relation to the proposed co-operative; the proposed co-operative must be designed to function under the co-operative principles or, if it is not designed to function entirely under the co-operative principles, the Registrar must be satisfied there are special reasons why the co-operative should be registered under this Law; there must be no reasonable cause for refusing registration of the proposed co-operative. If the Registrar is not satisfied that the requirements for registration of the co-operative have been met, the Registrar may refuse to register the co-operative and its rules. The Registrar must give to the applicant written notice of the refusal and the reasons for the refusal. (sec.27-ssec.1) If an application is made under this Division for registration of a proposed co-operative, the Registrar must register the co-operative and its rules if the Registrar is satisfied that the requirements for registration of the co-operative have been met. (sec.27-ssec.2) The requirements for registration of a co-operative under this Division are as follows— the proposed rules of the proposed co-operative must be the rules approved by the Registrar under section 24 ; the requirements of this Law must have been complied with in relation to the proposed co-operative; the proposed co-operative must be designed to function under the co-operative principles or, if it is not designed to function entirely under the co-operative principles, the Registrar must be satisfied there are special reasons why the co-operative should be registered under this Law; there must be no reasonable cause for refusing registration of the proposed co-operative. (sec.27-ssec.3) If the Registrar is not satisfied that the requirements for registration of the co-operative have been met, the Registrar may refuse to register the co-operative and its rules. (sec.27-ssec.4) The Registrar must give to the applicant written notice of the refusal and the reasons for the refusal.

• (a) the proposed rules of the proposed co-operative must be the rules approved by the Registrar under section 24 ;
• (b) the requirements of this Law must have been complied with in relation to the proposed co-operative;
• (c) the proposed co-operative must be designed to function under the co-operative principles or, if it is not designed to function entirely under the co-operative principles, the Registrar must be satisfied there are special reasons why the co-operative should be registered under this Law;