Div 3of Part 1.2 of the Corporations Act contains provisions relating to

Division 3 of Part 1.2 of the Corporations Act contains provisions relating to carrying on business. CCU means a co-operative capital unit, as provided for by Division 2 of Part 3.4 (see section 345). chief executive officer of a co-operative or a subsidiary of a co-operative means the chief executive officer of the co-operative or subsidiary for the time being (by whatever name called), and whether or not the officer is a director or the secretary. civil penalty provision - see section 553. compensation order - see section 553. constituent documents of a corporation means the constitution of the corporation or any rules or other document constituting the corporation or governing its activities, and includes a memorandum or articles of association and replaceable rules or other rules. co-operative means a body registered under this Law as applying under the Co-operatives National Law Act of this jurisdiction as a co-operative (including a co-operative group). co-operative group means a co-operative that has a membership as described in section 111. co-operative principles - see section 10. Co-operatives National Law Act of a jurisdiction means the Act of that jurisdiction that applies this Law (whether with or without modification) as a law of that jurisdiction. corporation includes: (a) a company; and (b) any body corporate (whether incorporated in this jurisdiction or elsewhere); and

Co-operatives (National Uniform Legislation) Act 2015 16 (c) an unincorporated body that, under the law of its place of origin, may: (i) sue or be sued; or (ii) hold property in the name of its secretary or of an office holder of the body duly appointed for that purpose; but does not include: (d) an exempt public authority (within the meaning of the Corporations Act); or (e) a corporation sole. Note A co-operative is a corporation within this definition. Corporations Act means the Corporations Act 2001 of the Commonwealth or, where appropriate, that Act as applying under this Law as a law of this jurisdiction. Corporations application legislation means: (a) for a State – Part 3 of the Corporations (Ancillary Provisions) Act 2001 of that State; or (b) for the Northern Territory – Part 4 of the Corporations Reform (Northern Territory) Act 2001 of that Territory; or (c) for the Australian Capital Territory – the provisions of a law of that Territory that are declared by the Co-operatives National Law Act of that Territory to be the Corporations application legislation of that Territory; unless a law of the State or Territory concerned provides otherwise. Corporations legislation means the Corporations legislation to which Part 1.1A of the Corporations Act applies. corresponding co-operatives law of another jurisdiction – see section 7. de facto partner has the meaning given by the Acts Interpretation Act 1901 of the Commonwealth in relation to an Act of the Commonwealth. debenture of a co-operative means a chose in action that includes an undertaking by the co-operative to repay as a debt money deposited with or lent to the co-operative. The chose in action may