378Additional disclosure requirements for offers involving

378 Additional disclosure requirements for offers involving conversion to company If an offer is part of a proposal for, or is conditional on, the registration of the co-operative as a company under the Corporations Act, the disclosure statement required to be sent to members for the special postal ballot must contain the following additional information: (a) full particulars of any proposal by which a director will acquire a relevant interest in a share of the company to be formed; (b) other information that: (i) is material to the making of a decision by a member whether or not to agree to the making of the offer; and (ii) is within the knowledge of the directors; and (iii) has not previously been disclosed to the members; (c) other information the Registrar directs.

Co-operatives (National Uniform Legislation) Act 2015 238