Co-operatives Act 2009

The rules of a co‑operative may —

require the payment by members of entry fees and regular subscriptions; and

provide for the repayment of those fees and subscriptions on a person ceasing to be a member.

The calculation of the amount of a particular member’s regular subscription may be based on the amount of business the member does with the co‑operative.

A co‑operative must give a person intending to become a member written notice of entry fees or regular subscriptions payable by the member to the co‑operative.

A person who becomes a member of a co‑operative is not liable to pay entry fees or regular subscriptions except —

those fees or subscriptions of which the person was given written notice before becoming a member; and

any regular subscriptions that may be imposed in accordance with the rules and of which the member has been given notice.