379Consequences of prohibited offer

#### 379 Consequences of prohibited offer 379 Consequences of prohibited offer > > (1) If a person makes an offer to purchase shares in a co-operative in contravention of this Division— > > > > > (a) the person cannot be registered as the holder of the shares concerned; and > > > > > (b) if the transfer of the shares is registered—the person cannot vote at a meeting of the co-operative. > > > (2) A vote cast by or for a member when the member cannot vote because of this section must be disregarded.