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Co-operatives Bill 2007

Uniform Legislation and Statutes Review Committee· 27 May 2008general_report

The WA Parliamentary Committee reviewed the Co-operatives Bill 2007, which aims to modernize co-operatives legislation, facilitate interstate trade, and increase access to capital. The committee found the Bill consistent with the Ministerial Council on Consumer Affairs agreement and the proposed Australian Uniform Cooperatives Laws Agreement. The Bill seeks to replace outdated legislation with a single, modern statute.

Impact

The Bill will affect the 73 cooperatives in WA, particularly small and regional ones, by modernizing regulations, potentially reducing administrative burdens, and facilitating interstate trade. It also impacts members of cooperatives by introducing new director duties and grievance procedures.

agriculturefinancepublic_sectorotherco-operativesuniform legislationinterstate tradecapital unitsmutual recognitionsmall businessregional WAfinancial reportingmember protectionnational agreement

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