Western Australian Numbered Acts

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CO-OPERATIVES ACT 2009 (NO. 24 OF 2009) - SECT 69

69 .         Entry fees and regular subscriptions

        (1)         The rules of a co-operative may —

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

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

        (2)         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.

        (3)         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.

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

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

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



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