A single national law in Australia will replace separate legislation in each state and territory. The proposed Co-operatives National Law will replace separate co-operatives legislation in each state and territory with a single national law.
Under the Australian Uniform Co-operative Laws Agreement, NSW is the host jurisdiction for the proposed national uniform template legislation, known as the Co-operatives National Law.
The Australian national launch of the United Nations’ declared International Year of Co-operatives (IYC) took place at Parliament House, Canberra on 22 November 2011.
The NSW Government was invited to speak at the national launch by the Australian IYC Secretariat.
The subject of the speech was the NSW Government’s host role in the passage of the proposed Co-operatives National Law through the NSW Parliament in 2012.
The NSW Commissioner for Fair Trading delivered the speech on behalf of the NSW Minister for Fair Trading, which covered:
clarification that the laws apply to 'general co-operatives'
co-operatives sector overview
Australian Uniform Co-operative Laws Agreement, Co-operatives National Law and the NSW Host Role
what the National Law reforms will mean for co-operatives
working towards the 2012 implementation of the Co-operatives National Law