New South Wales Consolidated Acts

CO-OPERATIVES ACT 1992 - SECT 123

123 Active membership provisions-trading co-operatives

(cf Vic Act s 125)

(2) The only active membership provisions which may be contained in the rules of a trading co-operative are:

(a) provisions requiring a member to utilise an activity of the co-operative in connection with the carrying on of a primary activity specified in the provisions to establish active membership, and

(b) such other active membership provisions as the Council may approve.

(3) A reference in this section, and in any active membership provisions of the rules of a co-operative, to the supply to or purchase from a co-operative by a member of goods or produce includes a reference to:

(a) the supply to or purchase from a body corporate constituted by an Act for the purpose of the marketing of goods or produce if the body corporate in turn supplies to or purchases from the co-operative, and

(b) the existence of a relationship or arrangement between the member and the co-operative which is prescribed by the regulations as being sufficient to establish the relationship of supplier or purchaser.