158
CurrentFailure to cancel membership – offence by director
Chapter 2Formation, powers and constitution of co-operatives
Part 2.6Active membership
Division 4Cancellation of membership of inactive members
158 Failure to cancel membership – offence by director
If the board of a co-operative fails to cancel the membership of a member as required by this Part, a director of the co-operative who did not use all due diligence to prevent the failure commits an offence.
Maximum penalty: $2 000.
This Act’s bill:Explanatory statement
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