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DTSTART;TZID=Australia/Sydney:20190806T093000
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SUMMARY:Co-operatives National Law Seminar (3CPD Points)
DESCRIPTION:Due to popular demand\, together with BAL Lawyers\, we are re-running this seminar in Sydney. \nNot to be missed\, this seminar will answer commonly asked questions such as: \n\nWhat is CNL?\nWhat businesses does this legislation apply to?\nHow does it update previous State Acts?\n\nA half-day seminar for legal practitioners\, established co-operatives\, and groups looking to form co-operative businesses. \nThe Co-operatives National Law (CNL) is harmonised co-operatives legislation\, which has been progressively introduced by all states and territories except Queensland since 2012. \nAustralian co-operatives can now take advantage of streamlined administrative and reporting requirements and new fundraising options such as Co-operative Capital Units. \nPresented by BCCM Associate Member and experienced co-operative advisors BAL Lawyers\, this workshop will provide a practical and interactive ‘101’ overview of the CNL\, suitable for established co-operatives\, lawyers and business consultants\, and anyone with an interest in starting or converting to a co-operative. \nEmpower your co-operative or your co-operative clients to comply with and reap the benefits of the modernised CNL with this rare seminar. \nWe hope to see you there! \nTotal run time: 4 hours\, including morning tea and light lunch and time for questions and discussion. \nSuitable for: co-operative directors\, secretaries and managers; lawyers\, accountants and other professional business advisors; anyone with an interest in starting or converting to a co-operative. \nTopics include: \n\nOperating the co-operative: how to call and hold meetings\, making changes to the rules\, when special resolutions and special postal ballots are required\, appointing and removing directors\, and terminating membership;\nRoles and responsibilities of members and directors including directors duties\, and governance principles;\nCo-operative securities: shares\, debentures and Co-operative Capital Units (and how to offer them); and\nWinding up the co-operative: voluntary winding up or de-registration by members.\n\nCPD Points \nContinuing professional development (CPD) is a mandatory requirement for all legal practitioners. By attending this seminar\, legal practitioners will earn 3 CPD points in Competency Area 4 (Substantive law and procedural law). \nEvent Details\nDate:       6 August 2019 \nTime:      9:30 am – 1:30 pm \nVenue:    University of NSW Campus\, 1 O’Connell Street\, Sydney \nHost:      BCCM Associate Member and experienced co-operative advisors BAL Lawyers \nTickets: \n\nBCCM Members and Friends of the BCCM = $155 +GST\nNon Member Co-operatives\, Mutuals and Not for Profits = $205 + GST\nLegal and Corporate Professionals = $365 + GST\n\nTicket sales close 6pm\, Friday 2 August 2019. Places limited.  \nProgram at a glance\nWelcome \nMelina Morrison\, CEO\, BCCM \nSession One: Operating a Co-operative \nKatie Innes\, BAL Lawyers \nThe first session will address the fundamentals for compliance in the operation of a co-operative. \nRegular meetings and adequate disclosure are fundamental to members and directors staying informed about the co-operative and the progress towards the co-operative’s goals. In this session you will learn how to call and hold meetings\, and the legislative requirements for holding meetings. The rules of the co-operative govern its operation so we will address what decisions of the co-operative require approval of a special resolution\, a postal ballot\, or a special postal ballot\, and how and when those changes will take effect. \nAll co-operative members must be active members\, but there are specific responsibilities imposed on directors for the day to day management of the co-operative so the appointment of the directors can be one of the most powerful decisions that members will make. We will look at the appointment and removal process for directors. \nWe will also look at the requirements for terminating membership\, particularly due to inactive or recalcitrant members and issues of liability. \nSession Two: Governance of the Co-operative \nMark Love\, BAL Lawyers \nThe second session will be focused on the rights and responsibilities of the members and the directors; both have a different yet equally important role to play in the ongoing governance of the co-operative. \nWe will look at the rights\, responsibilities and the liabilities of members\, including how and when they can vote\, what members must do to maintain their active membership\, and the financial risks that membership can bring. \nWe will also look at the role of the director\, the scope of directors duties under the Co-operatives National Law\, and their liability to and on behalf of the co-operative. \nWe will also discuss the application of the Co-operative and Mutual Enterprise Governance Principles recently published by the BCCM. \nSession Three: Raising Funds \nMark Love\, BAL Lawyers \nThe third session will be focused on fund raising mechanisms for the ongoing operation of the co-operative including the use of shares\, debentures\, and co-operative capital units. \nWe will look at the defining characteristics of each and when each one is appropriate for the co-operative. Critical in this will be interaction of the Co-operatives National Law and Chapter 6D of the Corporations Act. We will also touch on the process for issuing co-operative securities and the rights and liabilities attaching to those\, as well as issues of “influence”. \nSession Four: Winding Up \nKatie Innes\, BAL Lawyers \nTo wind up the day we will address the process for winding up a co-operative. We will look at when the members can voluntarily wind up the co-operative and the process they must go through to do so. We will also look at the situations in which the Registrar can wind up the co-operative under the Co-operatives National Law. And finally\, issues of residual liability for membership. \nClosing Remarks \nMelina Morrison\, CEO\, BCCM
URL:https://bccm.coop/event/co-operatives-national-law-seminar-3cpd-points/
LOCATION:University of NSW Campus\, 1 O’Connell Street\, Sydney\, NSW\, Australia
ATTACH;FMTTYPE=image/jpeg:https://bccm.coop/wp-content/uploads/2019/02/honeycomb-event.jpg
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