Western Australian Numbered Acts

CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 219

219 .         Management contracts

        (1)         In this section —

        management contract means a contract or other arrangement under which —

            (a)         a person who is not an officer of the co-operative agrees to perform the whole, or a substantial part, of the functions of the co-operative, whether under the control of the co-operative or not; or

            (b)         a co-operative agrees to perform the whole or a substantial part of its functions —

                  (i)         in a particular way; or

                  (ii)         in accordance with the directions of any person; or

                  (iii)         subject to specified restrictions or conditions.

        (2)         A co-operative must not enter into a management contract unless that contract has first been approved by special resolution.

        (3)         A management contract entered into in contravention of subsection (2) is void.