Queensland Consolidated Acts Queensland Consolidated Acts(1) If a person makes an offer to purchase shares in a cooperative in contravention of this division—
(a) the person can not be registered as the holder of the shares concerned; and
(b) if the transfer of the shares is registered—the person can not vote at a meeting of the cooperative.
(2) A vote cast by or for a member when the member can not vote because of this section must be disregarded.