Australian Capital Territory Consolidated Acts

COOPERATIVES ACT 2002 - SECT 78

In this division:

"interest", in relation to a dead member of a cooperative, includes—

        (a)     the member's membership; and

        (b)     any credit balance owing to the member; and

        (c)     any loan from or to the member, or deposit by the member with the cooperative; and

        (d)     any surplus arising on the sale by the cooperative as mortgagee of any property mortgaged by the member to the cooperative.