Queensland Consolidated Acts

COOPERATIVES ACT 1997 - SECT 259

Debentures issued by a cooperative to any of its members or employees are declared to be applied Corporations legislation matters for the Corporations (Ancillary Provisions) Act 2001, part 3 in relation to the Corporations Act, section 124(1)(b) or 563AAA, as if a cooperative were a company.

Note—

See note under section 11(1).