Co-operatives (National Uniform Legislation) Act 2015
187Registrar's power of disqualification (cf Corporations Act
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187 Registrar's power of disqualification (cf Corporations Act s 206F (1) – (4)) (1) The Registrar may disqualify a person from managing co-operatives for up to 5 years if: (a) within 7 years immediately before the Registrar gives a notice under paragraph (b)(i): (i) the person has been an officer of 2 or more (ii) while the person was an officer, or within 12 months after the person ceased to be an officer of those co-operatives, each of the co-operatives was wound up and a liquidator lodged a report about the co-operative's inability to pay its debts; and (b) the Registrar has given the person: (i) a notice in the approved form requiring them to demonstrate why they should not be disqualified; and (ii) an opportunity to be heard on the question; and (c) the Registrar is satisfied that the disqualification is justified.
Co-operatives (National Uniform Legislation) Act 2015 122 (2) If the Registrar disqualifies a person from managing co-operatives under this section, the Registrar must serve a notice on the person advising them of the disqualification. (3) The notice must be in the approved form. (4) The disqualification takes effect from the time when a notice referred to in subsection (2) is served on the person.