Australian Capital Territory Numbered Regulations

COOPERATIVES REGULATIONS 2003 (NO 22 OF 2003) - REG 41

For regulation 40, the Act, section 406 (Examination of involved person) and section 407 (Client legal privilege of involved person who is a lawyer) are taken to apply subject to the following changes:

        (a)     a reference to an involved person is taken to be a reference to a person to whom a notice is given under either of those regulations;

        (b)     a reference to an investigator is taken to be a reference to the registrar;

        (c)     the reference in section 407 (3) to 50 penalty units is taken to be a reference to 10 penalty units.