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New uniform laws for co-operatives, known as the Co-operatives National Law commenced in New South Wales and Victoria on 3 March 2014, with other States and Territories to follow. From a practical perspective, not much will change for existing cooperatives and no immediate action is required by co-operatives for compliance. If you run a NSW co-operative and want to know how the new laws will affect you, further information is available on the website of NSW Fair Trading.