Victorian Repealed Regulations

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This legislation has been repealed.

Co-operatives Regulations 1997 - SECT 15

Registers to be kept by co-operatives

15. Registers to be kept by co-operatives



(1) The registers that a co-operative is required to keep under section 244 of
the Act must-

   (a)  be kept in written or electronic form; and

   (b)  contain the particulars specified in Schedule 2.

(2) A register may include-

   (a)  any document in the English language in which the required particulars
        are recorded; and

   (b)  any disc, tape, soundtrack or other device in which the required
        particulars are recorded, so long as they are capable (with or without
        the aid of some other equipment) of being reproduced in a document in
        the English language.

(3) For the purposes of section 244(1)(g) of the Act, a co-operative must
keep-

   (a)  a register of fixed assets containing the particulars specified in
        clause 6 of Schedule 2; and

   (b)  a register of subordinated debt containing the particulars specified
        in clause 7 of Schedule 2.



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