Under the Co-operatives National Law (CNL) a uniform set of laws for co-operatives is proposed for all states and territories. This will be achieved by each state and territory either adopting the template Co-operatives National Law or passing alternate legislation consistent with the CNL.
The Draft National Co-operative Regulations have now been released for comment. Co-operatives are encouraged to offer their insights and provide comment on the proposed legislation on the NSW Fair Trading website.
