New South Wales Consolidated Regulations

CO-OPERATIVES REGULATION 2005 - REG 44

44 Subscription for minimum number of shares

For the purposes of item 9 of clause 2 of Schedule 1 (Matters for which rules must make provision) to the Act, the rules of a co-operative with a share capital must make provision for the minimum number of shares to which a member of the co-operative must subscribe.