260 Members etc. not required to see to application of money 170 261 Registrar's directions re fundraising 170 262 Subordinated debt 171 263 Application of Corporations Act to issues of debentures 171 264 Disclosure statement 172 265 Approval of board for transfer of debentures 173 266 Application of Corporations Act—re-issue of redeemed debentures 174 267 Compulsory loan by member to co-operative 174 268 Interest payable on compulsory loan 176 Division 1A—Co-operative capital units 177 268A General nature of CCUs 177 268B Priority of CCUs on winding up 178 268C Financial accommodation provisions apply to issue of CCUs 178 268D CCUs can be issued to non-members 178 268E Minimum requirements for rules concerning CCUs 178 268F CCUs not to be issued unless terms of issue approved by Registrar 179 268G Directors' duties concerning CCUs 180 268H Redemption of CCUs 180 268I Capital redemption reserve 181 268J Issue of shares in substitution for redemption 182 Division 2—Repealed 182 269 182 Repealed Division 3—Receivers and other controllers of property of cooperatives 182 270 Receivers and other controllers of property of cooperatives 182 Division 4—Disposal of surplus from activities 182 271 Retention of surplus for benefit of co-operative 182 272 Application for charitable purposes or members' purposes 183 273 Distribution of surplus or reserves to members 183 274 Application of surplus to other persons 184 Division 5—Acquisition and disposal of assets 184 275 Acquisition and disposal of assets 184
260 Members etc. not required to see to application of money 170 261 Registrar's directions re fundraising 170 262 Subordinated debt 171 263 Application of Corporations Act to issues of debentures 171 264 Disclosure statement 172 265 Approval of board for transfer of debentures 173 266 Application of Corporations Act—re-issue of redeemed debentures 174 267 Compulsory loan by member to co-operative 174 268 Interest payable on compulsory loan 176 Division 1A—Co-operative capital units 177 268A General nature of CCUs 177 268B Priority of CCUs on winding up 178 268C Financial accommodation provisions apply to issue of CCUs 178 268D CCUs can be issued to non-members 178 268E Minimum requirements for rules concerning CCUs 178 268F CCUs not to be issued unless terms of issue approved by Registrar 179 268G Directors' duties concerning CCUs 180 268H Redemption of CCUs 180 268I Capital redemption reserve 181 268J Issue of shares in substitution for redemption 182 Division 2—Repealed 182 269 Repealed 182 Division 3—Receivers and other controllers of property of cooperatives 182 270 Receivers and other controllers of property of cooperatives 182 Division 4—Disposal of surplus from activities 182 271 Retention of surplus for benefit of co-operative 182 272 Application for charitable purposes or members' purposes 183 273 Distribution of surplus or reserves to members 183 274 Application of surplus to other persons 184 Division 5—Acquisition and disposal of assets 184 275 Acquisition and disposal of assets 184
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