Tasmanian Numbered Regulations

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COOPERATIVES REGULATIONS 2000 (S.R. 2000, NO. 36) - REG 40

Minimum number of shares to be subscribed for
For the purposes of clause 2(i) of Schedule 3 to the Act, the rules of a cooperative with a share capital must make provision for –
(a) the minimum number of shares to which a member of the cooperative must subscribe; and
(b) the manner in which the minimum number may be determined, which may be by reference to the use made by the member of the cooperative.



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