AUSTRALIAN CAPITAL TERRITORY
CO-OPERATIVE SOCIETIES ORDINANCE 1974
EXPLANATORY MEMORANDUM

No. 35 of 1974

	The Co-operative Societies Ordinance 1974 will amend the Co-operative Societies Ordinance 1939-1973 to enable the incorporation of co-operative housing and services societies which are unable to incorporate under the provisions of the existing Ordinance.  These societies will be engaged primarily in the provision of housing on a co-operative basis for their members.

	A further amendment will empower the Registrar of Co-operatives to refuse registration where he is of the opinion that the proposed society has no reasonable prospects of carrying out its objects successfully or is not designed or intended to serve equitably the interests of it members.

       G.M.B.
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Minister’s Initials