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Section 109 - Co-operatives (Adoption of National Law) Act 2012 - Cancellation of shares — Zoe

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Co-operatives (Adoption of National Law) Act 2012

109Cancellation of shares

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#### 109 Cancellation of shares 109 Cancellation of shares > A co-operative must cancel any share purchased by or forfeited to the co-operative under this Law or the rules of the co-operative.

Previous section108Deposits, debentures or CCUs instead of payment when share repurchased Next section110Becoming a member of co-operative