Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 131

    (1)     The board of a cooperative must ensure that a member is given not less than 28 days notice of its intention to declare the membership of the member cancelled.

    (2)     Notice is not required to be given under this section if—

        (a)     the member's whereabouts are unknown to the cooperative; and

        (b)     the amount required to be repaid to the member in relation to the cancelled membership (whether because of the cancellation of shares or otherwise) does not exceed $50.