Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 62

    (1)     A person is qualified to be admitted to membership of a cooperative only if—

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

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

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

        (a)     impose a duty on everyone who becomes a member to be an active member; and

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