Co-Operatives National Regulation (Queensland)

The register of memberships cancelled under Part 2.6 of the Law must contain the following particulars for each member whose membership is cancelled:

the name and address of the member;

if the whereabouts of the member are known:

the date of the member’s last active dealing with the co-operative; and

the date of giving the required notice to the member;

if the whereabouts of the member are unknown, the date when the required period of the member’s whereabouts being unknown commenced;

the date of the board’s resolution cancelling membership.

The register of memberships cancelled under Part 2.6 of the Law must, if the co-operative has a share capital, contain the following additional particulars for each member whose membership is cancelled:

the amount subscribed in respect of the shares forfeited;

if the whereabouts of the member are unknown and the amount required to be repaid to the member in respect of the cancelled membership exceeds $100:

the date of publication of the required notice in a newspaper; and

the name of the newspaper;

the date of the board’s resolution forfeiting the shares;

if the date fixed by the board resolution for repayment of the amount paid up on shares is within 12 months of forfeiture:

the date of repayment; or

the date and nature of the application of the amount under section 163 of the Law;

if the amount due is to be transferred to a debenture, CCU or deposit account:

the date of repayment; and

the date of transfer to such an account.