South Australian Consolidated Acts (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.