375
CurrentSome offers totally prohibited if they discriminate
Chapter 3Management and operation of co-operatives
Part 3.5Restrictions on acquisition of interests in co-operatives
Division 2Restrictions on certain share offers
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 members.
This Act’s bill:Explanatory statement
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