Co-operatives (National Uniform Legislation) Act 2015
39Power to form companies and enter into joint ventures
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39 Power to form companies and enter into joint ventures Without limiting any other provision of this Law, a co-operative has power: (a) to form or participate in the formation of a corporation or unit trust; and (b) to acquire interests in and sell or otherwise dispose of interests in corporations, unit trusts and joint ventures; and (c) to form or enter into a partnership, joint venture or other association with other persons or bodies. Division 2 Doctrine of ultra vires not to apply