📜 Co-operatives Bill 2007
Referred to Standing Committee on Uniform Legislation and Statutes ReviewLABill 16029 November 2007
The Co-operatives Bill 2007 replaces the existing Companies (Co-operative) Act 1943 and the Co-operative and Provident Societies Act 1903 with modern legislation reflecting the current commercial and social environment for co-operatives in Western Australia.
Impact
Co-operatives in WA will be affected by the new regulatory framework, which aims to facilitate inter-jurisdictional trade and fundraising. It also impacts individuals involved in forming and operating co-operatives, providing new guidelines and requirements.
Key Changes
["Introduces a single, modern legislation for co-operatives.", "Provides access to Co-operative Capital Units (CCUs) for fundraising.", "Introduces modern disclosure requirements for members."]
Parliamentary Progress
- LA IntroducedLA29 Nov 2007
- LA Second Reading MovedLA29 Nov 2007
- LA Second Reading AgreedLA3 Apr 2008
- LA Consideration in DetailLA3 Apr 2008
- LA AmendedLA3 Apr 2008
- LA Third ReadingLA8 Apr 2008
- LC Second Reading MovedLC9 Apr 2008
Affected Sectors
financeagriculturehousingother
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