New South Wales Consolidated Acts

CO-OPERATIVES ACT 1992 - SECT 116

116 Active membership-explanation

For the purposes of this Act, a member of a co-operative is an active member of the co-operative if the member:

(a) utilises or supports an activity of, or maintains a relationship or an arrangement with, the co-operative, in connection with the carrying on of a primary activity of the co-operative, in the manner and to the extent which the rules of the co-operative provide is sufficient to establish active membership, or

(b) maintains such other relationship or arrangement with the co-operative in connection with the carrying on of a primary activity of the co-operative as the regulations provide is sufficient to establish active membership.