s. s. 369 370 (d) Part 7.10 (Market misconduct and other prohibited conduct relating to financial products and financial services). Division 2—Mutual recognition of foreign cooperatives 369 Operation of foreign co-operatives in this State S. 369 substituted by A foreign co-operative must not carry on business No. 13/2008 in this State as a co-operative unless it is s. 14. authorised under this Part to carry on business in this State. 240 penalty units. S. 370 370 Authorisation to carry on business substituted by No. 13/2008 (1) A participating co-operative is, by this Act, s. 14. authorised to carry on business in this State after notifying the Registrar in accordance with section 371 and section 437 (Lodgment of documents) that the participating cooperative intends to carry on business in this State. (2) The authorisation of a participating cooperative is subject to the same conditions or restrictions that apply to the carrying on of its business under its registration in the participating State. (3) A non-participating co-operative is, by this Act, authorised to carry on business in this State if the Registrar issues the co-operative an authorisation notice. S. 371 371 Notification to Registrar substituted by No. 13/2008 (1) A foreign co-operative that proposes to carry on s. 14. business in this State must lodge with the Registrar a written notice in the form approved by the Registrar.
(d) Part 7.10 (Market misconduct and other prohibited conduct relating to financial products and financial services). Division 2—Mutual recognition of foreign cooperatives S. 369 substituted by No. 13/2008 s. 14. 369 Operation of foreign co-operatives in this State s. 369 A foreign co-operative must not carry on business in this State as a co-operative unless it is authorised under this Part to carry on business in this State. 240 penalty units. S. 370 substituted by No. 13/2008 s. 14. 370 Authorisation to carry on business (1) A participating co-operative is, by this Act, authorised to carry on business in this State after notifying the Registrar in accordance with section 371 and section 437 (Lodgment of documents) that the participating cooperative intends to carry on business in this State. (2) The authorisation of a participating cooperative is subject to the same conditions or restrictions that apply to the carrying on of its business under its registration in the participating State. (3) A non-participating co-operative is, by this Act, authorised to carry on business in this State if the Registrar issues the co-operative an authorisation notice. S. 371 substituted by No. 13/2008 s. 14. 371 Notification to Registrar s. 370 (1) A foreign co-operative that proposes to carry on business in this State must lodge with the Registrar a written notice in the form approved by the Registrar.
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