Northern Territory Consolidated Acts Northern Territory Consolidated Acts15. Non-trading co-operatives
(1) A non-trading co-operative must not give returns or distributions on surplus or share capital to members other than the nominal value of shares (if any) at winding up.
(2) A non-trading co-operative may or may not have a share capital.
(3) A non-trading co-operative must have a membership of:
(a) 2 or more co-operatives, in the case of an association;
(b) 2 or more associations, in the case of a federation; and
(c) 5 or more active members, in the case of any other
non-trading co-operative.