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Co-operatives (National Uniform Legislation) Act 2015
193Good faith – civil obligations (cf Corporations Act s 181)
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193 Good faith – civil obligations (cf Corporations Act s 181) (1) Good faith – directors and other officers A director or other officer of a co-operative must exercise their powers and discharge their duties: (a) in good faith in the best interests of the co-operative; and (b) for a proper purpose. Note (2) A person who is involved in a contravention of subsection (1)