Co-operatives National Law (NSW)
159Deferral of cancellation by board
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159 Deferral of cancellation by board
159 Deferral of cancellation by board
(1) The board of a co-operative may by resolution defer cancellation of a member’s membership for up to one year—
(a) if the board has reasonable grounds to believe a member has ceased to be an active member because of unusual circumstances that prevent the member fulfilling his or her active membership obligations; or
(b) if—
(i) the board thinks that during the deferral period an active membership resolution may be put to the members of the co-operative; and
(ii) the effect of the resolution would be relevant to the question of whether the member is an active member.
(2) The board of the co-operative must review the resolution to defer within the deferral period to decide if a further resolution should be made under subsection (1).