AustLII Tasmanian Consolidated Acts

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COOPERATIVES ACT 1999 - SECT 60

60. Qualification for membership

      (1) A person is not qualified to be admitted to membership of a cooperative unless –

(a) there are reasonable grounds for believing that the person will be an active member of the cooperative; and

(b) the person is otherwise eligible under the rules of the cooperative.

      (2) The rules of a cooperative must contain provisions that –

(a) impose a duty on all persons who become members to be active members; and

(b) explain the consequences of failing to be or ceasing to be an active member.



[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]