Australian Capital Territory Numbered Regulations

COOPERATIVES REGULATIONS 2003 (NO 22 OF 2003) - REG 9

An activity makes a significant contribution to the business of a cooperative—

        (a)     if it contributes at least 10% of the cooperative's—

              (i)     turnover; or

              (ii)     income; or

              (iii)     expenses; or

              (iv)     surplus; or

        (b)     if, in the registrar's opinion, failure by the cooperative to conduct the activity would reduce the business conducted by the cooperative by more than 10%.