Insert before section 429 after the note inserted by this Act:428A Meaning of “co-operatives law” and “participating State”
In this Part, co-operatives law and participating State have the same meaning as in section 369A.
Insert after section 435:435A Offences under this Act and co-operatives law
If:(a) an act or omission constitutes an offence under this Act and under a co-operatives law of a participating State, and(b) the offender has been punished for that offence under the co-operatives law of the participating State,the offender is not liable to be punished for the offence under this Act.435B Civil liability under this Act and co-operatives law
In a proceeding under this Act in respect of loss or damage arising out of a contravention of this Act, it is a defence if it is proved:(a) that the plaintiff has recovered in respect of the loss or damage in an action brought under a co-operatives law of a participating State, or(b) that:(i) the plaintiff has brought proceedings under a co-operatives law of a participating State to recover in respect of the loss or damage, and(ii) judgment has been entered for the defendant in those proceedings.435C Offences committed partly in and partly outside jurisdiction
If:(a) a person does or omits to do an act outside this State, and(b) if the person had done or omitted to do that act in this State, the person would, by reason of also having done or omitted to do an act in the State, have been guilty of an offence against this Act,the person is guilty of that offence.435D Reciprocity in relation to offences
If:(a) a person does or omits to do an act within this State, and(b) if that person had done or omitted to do that act in a participating State, the person would have been guilty of an offence against a provision of a co-operatives law of the participating State,the person is guilty of an offence against the corresponding provision of this Act.