Registration of Co-operatives - Australian Capital Territory

Description

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

Fees Details for this service in table format.

Task Type Business Structure Amount
Apply Application All $164.00
General Duplicate Certificate All $41.00

Other resources

Task Business Structure Resources
Comply All Rules of a Trading Cooperative - PDF (Opens in new window)

Act(s) name

Cooperatives Act 2002 ACT

Administering agency

Chief Minister, Treasury and Economic Development Directorate

Access Canberra

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries

Access Canberra

Chief Minister, Treasury and Economic Development Directorate

Mailing address: General Post Office Box 158
Canberra, Australian Capital Territory, 2601
Australia
Phone: 13 22 81
Phone: 02 6207 3000
Email: accesscanberra.bil@act.gov.au