Co-operatives Act 2012

DFMC is governed by the Co-operatives (Adoption of National Law) Act 2012.

The objects of this Law are:

  1. to enable the formation, registration and operation of co-operatives
  2. to promote co-operative philosophy, principles, practices and objectives
  3. to protect the interests of co-operatives, their members and the public in the operations and activities of co-operatives
  4. to ensure directors of co-operatives are accountable for their actions and decisions to the members of co-operatives
  5. to encourage and facilitate self-management by co-operatives at all levels
  6. to encourage the development, integration and strengthening of co-operatives at local, regional, national and international levels by supporting and fostering state, territory and national peak organisations and co-operative instrumentalities.

Follow this link to view the Act in its entirety