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s 116

Active membership provisions: distributing co‑operatives

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Part 6Active membership
Division 2Rules to contain active membership provisions

116 Active membership provisions: distributing co‑operatives

The only active membership provisions that are permitted to be contained in the rules of a distributing co‑operative are —

(a)

provisions requiring a member to use an activity of the co‑operative for carrying on a primary activity specified in the provisions to establish active membership; and

(b)

any other active membership provisions that the Registrar may approve.

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