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CO-OPERATIVES (ADOPTION OF NATIONAL LAW) ACT 2012 - SECT 18
Local regulations
(1) The Governor may make regulations (the
"local regulations" ), not inconsistent with the local application provisions
of this Act or the Co-operatives National Law (NSW) , for or with respect to
any matter-- (a) that by the local application provisions of this Act is
required or permitted to be prescribed by the local regulations or that is
necessary or convenient to be prescribed by the local regulations for carrying
out or giving effect to the local application provisions of this Act, or
(b)
that by the Co-operatives National Law (NSW) is required or permitted to be
prescribed by the local regulations.
(2) Without limitation, the
local regulations may make provision for or with respect to-- (a) the
administration of the Co-operatives National Law (NSW) , and
(b) procedural
matters relating to any aspects of the Co-operatives National Law (NSW) , and
(c) without limiting paragraphs (a) and (b), administrative matters relating
to the supervision and inspection of co-operatives, and
(d) the fees to be
paid in respect of matters arising under this Act, the Co-operatives National
Law (NSW) or the Co-operatives National Regulations (NSW) , and
(e) the
waiver, reduction, postponement or refund by the Registrar of Co-operatives of
fees payable or paid under-- (i) this Act, or
(ii) the Co-operatives National
Law (NSW) , or
(iii) the Co-operatives National Regulations (NSW) , or
(iv)
the local regulations.
(3) The local regulations may create offences and
impose penalties for an offence of not more than the amount specified in
section 612 (5) of the Co-operatives National Law (NSW) .
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