Tasmanian Numbered Acts

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COOPERATIVES ACT 1999 (NO. 85 OF 1999) - SECT 159

159. Presumption of awareness

      (1) For the purposes of this Division, a person is, unless the contrary is established, to be presumed to have been aware at a particular time of a circumstance of which an employee or agent of the person was aware at that time.

      (2) Subsection (1) only applies if the employee or agent has duties or acts in relation to the transfer to, or ownership by, the person of a share or shares in the cooperative concerned.


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