Registration of Co-operatives - Australian Capital Territory

Service summary

You will require this registration if you intend to establish a co-operative. A co-operative is an organisation owned and controlled by its members that operates primarily for economic, social or cultural benefit of those members. A co-operative can be either:

  • A trading co-operative where the organisation must have share capital. Trading co-operatives give returns or distributions on surplus share capital to members by way of bonus shares, dividends or rebates; or
  • A non-trading co-operative which must not distribute any of the surplus to members, these are not for profit organisations that may or may not have shares. They exist for the purposes of community benefit rather than individual profit or benefit.

Please use the contact details below to find out more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration you must:

  • Have a minimum of five people over the age of 18 interested in being founding members of the co-operative;
  • Submit a disclosure statement and draft rules for the corporation; and
  • Hold a formation meeting where the disclosure statement and draft rules are presented and passed by the members.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Registrations are perpetual. Annual audits of accounts are required in accordance with the Act.

Fees

 TypeAmount
ApplyApplication$164.00
GeneralDuplicate Certificate$41.00

Other resources

Administering agency

Chief Minister, Treasury and Economic Development Directorate
Access Canberra

Act(s) name

Cooperatives Act 2002 (Australian Capital Territory)

Contact details

Enquiries
Chief Minister, Treasury and Economic Development Directorate
Access Canberra


Mailing address:
General Post Office Box 158
Canberra,Australian Capital Territory,2601
Australia

Phone:

02 6207 3000

Phone:

13 22 81
accesscanberra.bil@act.gov.au

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.