Northern Territory Consolidated Acts

CO-OPERATIVES ACT - SECT 59

(1) On the registration of a co-operative, the persons who signed the application for registration become members of the co-operative.

(2) Other persons may be admitted as members of the co-operative as provided by its rules.

(3) A person under the age of 18 may be admitted as a member of the co-operative unless the rules of the co-operative otherwise provide.

(4) A body corporate is not (merely because it is a body corporate) disqualified from being a member of a co-operative unless the
co-operative's rules provide that bodies corporate are disqualified from being members.

(5) If 2 or more co-operatives merge, the members of the merged
co-operative are:

(a) the members of the merging co-operatives; and

(b) other persons admitted as members of the merged
co-operative in accordance with its rules.