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s 68

Co‑operative to make information available to person intending to become a member

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Part 4Membership
Division 2Rights and liabilities of members

68 Co‑operative to make information available to person intending to become a member

(1)

The board of a co‑operative must give each person intending or applying to become a member of the co‑operative and eligible to do so —

(a)

a consolidated copy of the rules of the co‑operative; and

(b)

a copy of all special resolutions applicable to the member and passed by the members of the co‑operative since its last annual general meeting, except special resolutions providing for an alteration of the rules of the co‑operative; and

(c)

a copy of the most recent financial information reported to members of the co‑operative under Part 10A.

(2A)

The board of a co‑operative may comply with subsection (1) in relation to a person by giving the person a notice stating any or all of the following —

(a)

that the person may request to inspect the documents referred to in subsection (1) at an office of the co‑operative nominated by the person;

(b)

that the person may request to be sent an electronic copy of the documents referred to in subsection (1) by an electronic means nominated by the person;

(c)

that the documents referred to in subsection (1) are available on a website and specifying the direct address on the website where the documents may be accessed.

(2)

If a person who has received notice under this section makes a request referred to in subsection (2A)(a) or (b), the co‑operative must comply with that request.

[Section 68 amended: No. 7 of 2016 s. 22.]

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