Western Australian Numbered Acts
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CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 247
247 . Members
etc. not required to see to application of money
A member or other
person from whom a co-operative obtains financial accommodation is not
required to see to its application and is not affected or prejudiced by the
fact that in obtaining that financial accommodation, the co-operative
contravened a provision of this Act or the rules of the co-operative.
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