South Australian Consolidated Acts South Australian Consolidated Acts129—Deferral of forfeiture by board
(1) The board of a
co-operative may by resolution defer cancellation of a member's membership for
a period of up to 12 months—
(a) if
the board has reasonable grounds to believe that the member has ceased to be
an active member due to unusual circumstances which prevent the member
fulfilling his or her active membership obligations; or
(b)
if—
(i)
the board thinks that during that period an active
membership resolution may be put to the members of the co-operative; and
(ii)
the effect of the resolution would be relevant to the
question of whether the member is an active member.
(2) The board of the
co-operative must review the resolution to defer before the end of the
deferral period to determine if a further resolution should be made under
subsection (1).