Co-operatives National Law (Queensland)
sec.63Amendment does not take effect until registered
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sec.63 Amendment does not take effect until registered
An amendment of the rules of a co-operative does not take effect unless and until it is registered by the Registrar. An application for registration of an amendment must— be made in the approved form; and be made within 28 days, or a shorter or longer time prescribed by the National Regulations, after the amendment is made; and be accompanied by a consolidated copy of the rules of the co-operative, including the amendment. The Registrar must register the amendment unless— the Registrar is satisfied the amendment is contrary to this Law; or the Registrar has other reasonable cause to refuse to register the amendment. A certificate of registration of an amendment of the rules of a co-operative given by the Registrar is, in favour of any person advancing money to the co-operative on the faith of the certificate or a guarantor of that advance, evidence that the amendment in the rules was properly made. (sec.63-ssec.1) An amendment of the rules of a co-operative does not take effect unless and until it is registered by the Registrar. (sec.63-ssec.2) An application for registration of an amendment must— be made in the approved form; and be made within 28 days, or a shorter or longer time prescribed by the National Regulations, after the amendment is made; and be accompanied by a consolidated copy of the rules of the co-operative, including the amendment. (sec.63-ssec.3) The Registrar must register the amendment unless— the Registrar is satisfied the amendment is contrary to this Law; or the Registrar has other reasonable cause to refuse to register the amendment. (sec.63-ssec.4) A certificate of registration of an amendment of the rules of a co-operative given by the Registrar is, in favour of any person advancing money to the co-operative on the faith of the certificate or a guarantor of that advance, evidence that the amendment in the rules was properly made.
- (a) be made in the approved form; and
- (b) be made within 28 days, or a shorter or longer time prescribed by the National Regulations, after the amendment is made; and
- (c) be accompanied by a consolidated copy of the rules of the co-operative, including the amendment.
- (a) the Registrar is satisfied the amendment is contrary to this Law; or
- (b) the Registrar has other reasonable cause to refuse to register the amendment.