Western Australian Numbered Acts

CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 289

289 .         Share offers to which Division applies

                This Division applies to the following offers to purchase shares in a co-operative —

            (a)         an offer made as part of a proposal for, or that is conditional on, the sale of the undertaking or part of the undertaking, as a going concern, of the co-operative;

            (b)         an offer made as part of a proposal for, or that is conditional on, the registration of the co-operative as a company under the Corporations Act;

            (c)         an offer made as part of a proposal for, or that is conditional on, the winding-up of the co-operative;

            (d)         an offer that would result in a contravention of section 278 were the offeror to be registered, immediately after the offer is made, as the holder of the shares that are the subject of the offer.