Co-operatives National Law (Queensland)
sec.429Contravention of this Division—offence by co-operative
Start here
Get a plain-English read of sec.429
Turn the raw legal text into a practical explanation grounded in Co-operatives National Law (Queensland).
sec.429 Contravention of this Division—offence by co-operative
If a provision of this Division is contravened, the co-operative concerned and any other person involved in the contravention commits an offence. Maximum penalty—$2,000. Section 9 defines “involved” in a contravention. It is a defence to a prosecution for an offence under subsection (1) if it is proved the contravention was because of the failure of a person (other than the defendant), who is a director of the co-operative or a trustee for debenture holders of the co-operative, to supply for the explanatory statement particulars of the person’s interests. (sec.429-ssec.1) If a provision of this Division is contravened, the co-operative concerned and any other person involved in the contravention commits an offence. Maximum penalty—$2,000. Section 9 defines “involved” in a contravention. (sec.429-ssec.2) It is a defence to a prosecution for an offence under subsection (1) if it is proved the contravention was because of the failure of a person (other than the defendant), who is a director of the co-operative or a trustee for debenture holders of the co-operative, to supply for the explanatory statement particulars of the person’s interests.