South Australian Consolidated Acts South Australian Consolidated Acts109—Alteration by resolution of board
(1) The rules of a
co-operative may be altered by a resolution passed by the board if the
alteration does no more than give effect to a requirement, restriction or
prohibition imposed by or under the authority of this Act.
(2) If the rules of a
co-operative are altered pursuant to this section, the co-operative must cause
the alteration to be notified in writing to its members as soon as practicable
after the alteration takes effect and in any event not later than the date on
which notice is given to the members of the next annual general meeting of the
co-operative after the alteration takes effect.