South Australian Consolidated Acts

CO-OPERATIVES ACT 1997 - SECT 309

309—Methods of winding up

        (1)         A co-operative may be wound up voluntarily or by the Supreme Court or on a certificate of the Commission.

        (2)         In the case of a winding up voluntarily or by the Supreme Court, the co-operative may be wound up in the same manner and in the same circumstances as a company under the Corporations Act may be so wound up.