Co-operatives National Law (Queensland)
sec.519Definitions
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sec.519 Definitions
In this Part— affairs of a co-operative includes— the promotion, formation, membership, control, transactions, dealings, business and property of the co-operative; and loans made to the co-operative; and matters that are concerned with identifying people who are, or have been, financially interested in the success or failure, or apparent success or failure, of the co-operative or who are, or have been, able to control or influence materially the policies of the co-operative; and the circumstances in which a person placed, withdrew or disposed of funds with, or loans to, the co-operative. costs of an inquiry under this Part includes— the expenses of, and incidental to, the inquiry; and the expenses payable by the Registrar in proceedings instituted by the Registrar under this Part in the name of the co-operative the subject of the inquiry; and the part of the remuneration of a public sector official that the Minister decides is attributable to matters connected with the inquiry. involved person , in relation to an inquiry into the affairs of a co-operative, means— an officer of the co-operative; or a person who acts, or has at any time acted, as authorised deposit-taking institution, Australian legal practitioner, auditor or actuary, or in another capacity, for the co-operative; or a person who has, or at any time had, in his or her possession property of the co-operative; or a person who is indebted to the co-operative; or a person who is capable of giving information relating to the affairs of the co-operative; or a person whom an investigator believes on reasonable grounds to be a person referred to in paragraphs (a) – (e) .
- (a) the promotion, formation, membership, control, transactions, dealings, business and property of the co-operative; and
- (b) loans made to the co-operative; and
- (c) matters that are concerned with identifying people who are, or have been, financially interested in the success or failure, or apparent success or failure, of the co-operative or who are, or have been, able to control or influence materially the policies of the co-operative; and
- (d) the circumstances in which a person placed, withdrew or disposed of funds with, or loans to, the co-operative.
- (a) the expenses of, and incidental to, the inquiry; and
- (b) the expenses payable by the Registrar in proceedings instituted by the Registrar under this Part in the name of the co-operative the subject of the inquiry; and
- (c) the part of the remuneration of a public sector official that the Minister decides is attributable to matters connected with the inquiry.
- (a) an officer of the co-operative; or
- (b) a person who acts, or has at any time acted, as authorised deposit-taking institution, Australian legal practitioner, auditor or actuary, or in another capacity, for the co-operative; or