429Contravention of this Division – offence by co-operative

429 Contravention of this Division – offence by co-operative (1) If a provision of this Division is contravened, the co-operative concerned and any other person involved in the contravention commits an offence. Note (2) It is a defence to a prosecution for an offence under subsection (1) if it is proved the contravention was because of the failure of a person (other than the defendant), who is a director of the co-operative or a trustee for debenture holders of the co-operative, to supply for the explanatory statement particulars of the person's interests.

Co-operatives (National Uniform Legislation) Act 2015 264 Division 3 Acquisition of shares of dissenting shareholders