(1) An eligible person
who intends to apply for shares in a co-operative and is not already a
shareholder in the co-operative may request, from the board of the
distributing co-operative, a current disclosure statement that —
(a) has
been approved by the Registrar under section 16(5); or
(b)
complies with section 138 and has been lodged by the co-operative with
the Registrar.
(2) The board of the
distributing co-operative is to respond to a request for a current disclosure
statement within 7 days.