South Australian Consolidated Acts

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CO-OPERATIVES ACT 1997 - SECT 449

449—Co-operatives ceasing to exist

        (1)         As soon as practicable after a co-operative ceases to exist, other than on deregistration of the co-operative under section 311, the Commission must deregister the co-operative by registering the cessation and cancelling the registration of the co-operative.

        (2)         The Commission may remove from any register kept by the Commission the name of any co-operative that has been deregistered or otherwise ceased to exist.

        (3)         A co-operative that has transferred its engagements to another co-operative is to be considered to have ceased to exist.



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