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Section 375 - Co-operatives (National Uniform Legislation) Act 2015 - Some offers totally prohibited if they discriminate | Zoe

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Home/Legislation/Co-operatives (National Uniform Legislation) Act 2015/375

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Co-operatives (National Uniform Legislation) Act 2015

375Some offers totally prohibited if they discriminate

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375 Some offers totally prohibited if they discriminate An offer referred to in section 373(1)(a) – (d) must not be made at all if it operates or would operate to discriminate between members who are active members and members who are not active

Previous section374Requirements to be satisfied before offer can be made

Next section376Offers to be submitted to board first