Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 74

74 .         Terms used

                In this Division —

        interest , of a deceased member in a co-operative, includes —

            (a)         the member’s membership; and

            (b)         any credit balance due to the member; and

            (c)         any loan from or to or deposit with the co-operative; and

            (d)         any surplus arising on the sale by the co-operative as mortgagee of any property mortgaged by the deceased to the co-operative;

        transfer , of an interest, includes the payment of money.