Queensland Consolidated Acts Queensland Consolidated Acts(1) The register of members kept by a cooperative must contain a statement of the shares each member holds beneficially and of the shares each member holds non-beneficially.
(2) In deciding for the purposes of an entry in the register whether a member of a cooperative holds shares beneficially or non-beneficially, regard is to be had only to the following information—
(a) information contained in a non-beneficial ownership notice under section 153 included in an instrument of transfer registered by the cooperative;
(b) information contained in a notice given to the cooperative under another provision of this division.