Part 4Membership

Part 4 — Membership

Division 1 — General

56. Becoming a member 46

57. Members of co‑operative group 46

58. Qualification for membership and transitional provision 47

59. Membership may be joint 47

60. Members under 18 years of age 48

61. Representatives of corporations 48

62. Notification of shareholders and shareholdings 48

63. Circumstances in which membership ceases: all co‑operatives 49

64. Additional circumstances in which membership ceases: co‑operatives with share capital 50

65. Carrying on business with too few members 50

Division 2 — Rights and liabilities of members

66. Rights of membership not exercisable until registered etc. 51

67. Liability of members to co‑operative 52

68. Co‑operative to make information available to person intending to become a member 52

69A. False copies of documents 53

69. Entry fees and regular subscriptions 54

70. Members etc. may be required to deal with co‑operative 55

71. Fines payable by members 55

72. Charge and set off of co‑operative 56

73. Repayment of shares on resignation or expulsion 57

Division 3 — Death of member

74. Terms used 58

75. Transfer of share or interest on death of member 59

76. Transfer of small shareholdings and interests on death 59

77. Value of shares and interests 60

78. Co‑operative protected 60

Division 4 — Disputes involving members

79. Grievance procedure 60

80. Application to Supreme Court 61

Division 5 — Oppressive conduct of affairs

81. Interpretation 61

82. Application of Division 62

83. Who may apply for court order 62

84. Orders that Supreme Court may make 62