(1) The board of a
co-operative may by resolution defer cancellation of a member’s
membership for a period of up to 12 months (the deferral period ) —
(a) if
the board has reasonable grounds to believe that a member has ceased to be an
active member because of unusual circumstances that prevent the member
fulfilling his or her active membership obligations; or
(b) if
—
(i)
the board thinks that during the deferral period an
active membership resolution may be put to the members of the co-operative;
and
(ii)
the effect of the resolution would be relevant to the
question of whether the member is an active member.
(2) The board of the
co-operative must review the resolution to defer within the deferral period to
determine if a further resolution should be made under subsection (1).