Hon Simon O'Brien MLC

Hon Simon O'Brien MLC

Former Minister for Finance; Commerce; Small Business

    Feedback wanted on new Co-operative laws

    9/11/2012 12:00 AM
     
    • Co-operatives sector to consider proposed changes to WA laws
    • Discussion paper outlines how WA laws fit in with national scheme
    The State Government would like feedback on plans to amend the laws governing Western Australian co-operatives, to make legislation consistent with the proposed national scheme.
     
    Commerce Minister Simon O’Brien said although WA would retain its own laws, the intention was to align these as much as possible with the planned Co-operatives National Law (CNL).
     
    “There are more than 60 registered co-operatives in this State and the Government wants to ensure they can compete on an equal footing with other co-operatives and corporate entities throughout Australia,” Mr O’Brien said.
     
    “Co-operatives are an extremely important business model so it is essential the sector takes advantage of opportunities arising from the implementation of the national scheme and the State laws in this area are consistent and up-to-date.
     
    “The Government introduced updated WA Co-operatives legislation in 2009 and has been working closely with other States and Territories in developing nationally uniform laws.”
     
    A discussion paper is now available and submissions are sought in order to identify local issues arising from the planned changes and suggest workable solutions. The paper gives some useful background on the CNL and analyses proposed changes to WA laws.
     
    “I encourage the co-operatives sector in WA to consider the discussion paper and provide their feedback on the questions posed so the State Government can implement modern laws to support the sector and ensure its continued viability,” the Minister said.
     
          Fact File
    • Co-operatives operate for benefit of members in a variety of social/economic activities
    • Co-operatives discussion paper available at: http://www.commerce.wa.gov.au/consultations
    • Submissions close December 21, 2012
    • Can be emailed to consultations@commerce.wa.gov.au or sent via website or post
    Minister’s office - 6552 5800