Western Australian Current Acts Western Australian Current Acts (1) The rules of a
co-operative have the effect of a contract under seal —
(a)
between the co-operative and each member; and
(b)
between the co-operative and each director, the secretary and the chief
executive officer of the co-operative; and
(c)
between a member and each other member.
(2) Under the
contract, each of those persons agrees to observe and perform the provisions
of the rules as in force for the time being so far as those provisions apply
to that person.