sec.390Additional powers of Registrar

sec.390 Additional powers of Registrar

If the Registrar appoints directors of a co-operative under section 387 , the Registrar may, by written notice given to the co-operative, state— a time during which this section is to apply to the co-operative; and the terms on which all or any of the directors hold office; and the rules that are to be the rules of the co-operative. While this section applies to a co-operative, the Registrar may— remove and appoint directors; and vary, revoke or state new terms in place of all or any of the terms stated under subsection (1) ; and amend all or any of the rules stated under subsection (1) . The Registrar may, by written notice given to the co-operative, extend the time for which this section is to apply to a co-operative. A rule stated by the Registrar under this section to be a rule of a co-operative— must not to be amended other than in the way set out in this section; and if it is inconsistent with another rule of the co-operative—prevails over the other rule (and the other rule is inoperative to the extent of the inconsistency); and has the same evidentiary value as is by this Law accorded to the rules of the co-operative and to copies of them. (sec.390-ssec.1) If the Registrar appoints directors of a co-operative under section 387 , the Registrar may, by written notice given to the co-operative, state— a time during which this section is to apply to the co-operative; and the terms on which all or any of the directors hold office; and the rules that are to be the rules of the co-operative. (sec.390-ssec.2) While this section applies to a co-operative, the Registrar may— remove and appoint directors; and vary, revoke or state new terms in place of all or any of the terms stated under subsection (1) ; and amend all or any of the rules stated under subsection (1) . (sec.390-ssec.3) The Registrar may, by written notice given to the co-operative, extend the time for which this section is to apply to a co-operative. (sec.390-ssec.4) A rule stated by the Registrar under this section to be a rule of a co-operative— must not to be amended other than in the way set out in this section; and if it is inconsistent with another rule of the co-operative—prevails over the other rule (and the other rule is inoperative to the extent of the inconsistency); and has the same evidentiary value as is by this Law accorded to the rules of the co-operative and to copies of them.

• (a) a time during which this section is to apply to the co-operative; and
• (b) the terms on which all or any of the directors hold office; and
• (c) the rules that are to be the rules of the co-operative.
• (a) remove and appoint directors; and
• (b) vary, revoke or state new terms in place of all or any of the terms stated under subsection (1) ; and
• (c) amend all or any of the rules stated under subsection (1) .