South Australian Consolidated Acts

CO-OPERATIVES ACT 1997 - SECT 319

319—Appointment of administrator

        (1)         The Commission may, by written notice, appoint an administrator to conduct the affairs of a co-operative.

        (2)         A notice of appointment must specify—

            (a)         the date of appointment; and

            (b)         the appointee's name; and

            (c)         the appointee's business address.

        (3)         If the appointee's name or business address changes, the appointee must immediately give written notice of the change to the Commission.

        (4)         The Commission must not appoint an administrator unless the necessary grounds for the taking of that action exist, as referred to in section 331.