Queensland Consolidated Acts Queensland Consolidated Acts(1) A non-trading cooperative is a cooperative whose rules prohibit it from giving 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 cooperative may or may not have a share capital.
(3) A non-trading cooperative must have a membership of--
(a) for an association--2 or more cooperatives; or
(b) for a federation--2 or more associations; or
(c) for another non-trading cooperative--
(i) if a lesser number than 5 is prescribed under a regulation--at least that number of active members; or
(ii) otherwise--5 or more active members.