South Australian Consolidated Acts South Australian Consolidated Acts249—Name to appear on business documents etc
(1) The name of a
co-operative must appear in legible characters—
(a) on
its seal; and
(b) in
all notices, advertisements and other official publications of the
co-operative; and
(c) in
all its business documents.
(2) If
subsection (1) is contravened, the co-operative is guilty of an offence
and liable to a maximum penalty of $2 000.
(3) An officer of a
co-operative or a person on its behalf must not—
(a) use
any seal of the co-operative; or
(b)
issue or authorise the issue of any notice, advertisement or other official
publication of the co-operative; or
(c) sign
or authorise to be signed on behalf of the co-operative any business document
of the co-operative,
in or on which the co-operative's name does not appear in legible characters.
Maximum penalty: $2 000.
(4) A director of a
co-operative who knowingly authorises or permits a contravention of this
section is guilty of an offence and liable to a fine not exceeding
$2 000.
(5) In this
section—
"business document", in relation to a co-operative, means a document that is
issued, signed or endorsed by or on behalf of the co-operative and is—
(a) a
business letter, statement of account, invoice or order for goods or services;
or
(b) a
bill of exchange, promissory note, cheque or other negotiable instrument; or
(c) a
receipt or letter of credit issued by the co-operative; or
(d) a
document of a class prescribed as a class of business documents.