Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 121

Regular subscription—active membership of non-trading cooperative

    (1)     Active membership provisions for a non-trading cooperative may include provision that the payment of a regular subscription by a member of the cooperative, to be applied in relation to a primary activity of the cooperative, is sufficient to establish active membership of the cooperative.

    (2)     A member of a cooperative who would, on payment of such a subscription, be an active member of a cooperative is taken to be an active member until the subscription is owing.



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