sec.366Powers of Supreme Court about contravention

sec.366 Powers of Supreme Court about contravention

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. Without limiting subsection (1) , an order may include— a remedial order; and 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. An order may be made whether or not the contravention continues. Proof to the satisfaction of the Supreme Court at the hearing of an application that— 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 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. (sec.366-ssec.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. (sec.366-ssec.2) Without limiting subsection (1) , an order may include— a remedial order; and 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. (sec.366-ssec.3) An order may be made whether or not the contravention continues. (sec.366-ssec.4) Proof to the satisfaction of the Supreme Court at the hearing of an application that— 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 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.

• (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.
• (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;