Co-operatives National Law (Queensland)
sec.41Doctrine of ultra vires not to apply
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sec.41 Doctrine of ultra vires not to apply
The objects of this Division are— to provide that the doctrine of ultra vires does not apply to co-operatives; and without affecting the validity of a co-operative’s dealings with others—to ensure the co-operative’s officers and members give effect to the provisions of the rules of the co-operative relating to the primary activities or powers of the co-operative. This Division is to be construed and to have effect in accordance with subsection (1) . (sec.41-ssec.1) The objects of this Division are— to provide that the doctrine of ultra vires does not apply to co-operatives; and without affecting the validity of a co-operative’s dealings with others—to ensure the co-operative’s officers and members give effect to the provisions of the rules of the co-operative relating to the primary activities or powers of the co-operative. (sec.41-ssec.2) This Division is to be construed and to have effect in accordance with subsection (1) .
- (a) to provide that the doctrine of ultra vires does not apply to co-operatives; and
- (b) without affecting the validity of a co-operative’s dealings with others—to ensure the co-operative’s officers and members give effect to the provisions of the rules of the co-operative relating to the primary activities or powers of the co-operative.