Western Australian Current Acts Western Australian Current Acts (1) Any proposal to
make an offer to which this Division applies must in the first instance be
submitted to the board of the co-operative.
(2) In order for the
board to consider putting a proposed offer to a special postal ballot,
arrangements satisfactory to the board must have been made for payment to the
co-operative of the expenses involved in holding the ballot.
(3) The board may
require payment in advance under subsection (2).
(4) A requisition for
a special postal ballot for the purposes of this Division cannot be served
unless and until the board has had a reasonable opportunity to consider the
proposed offer concerned.
(5) For the purposes
of subsection (4), a period of 28 days is a reasonable opportunity for
considering a proposed offer but the Registrar may extend that period in a
particular case, whether before or after the end of the 28 days, by written
notice to the co-operative.