Queensland Consolidated Acts Queensland Consolidated Acts(1) The share capital of a cooperative varies in amount according to the nominal value of shares from time to time subscribed.
(2) Shares are to be of a fixed amount that must be specified in the rules of the cooperative.
(3) A cooperative may have more than 1 class of shares if the shareholding and the rights of shareholders comply with the cooperative principles.
(4) Subject to this part and part 4, shares must not be issued to a non-member.