159Deferral 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

Co-operatives (National Uniform Legislation) Act 2015 104 (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).