South Australian Consolidated Acts South Australian Consolidated Acts (1) The persons who
are members of the trust on the commencement of this Act continue as members
of the trust.
(2) Other persons who
carry on the business of primary production may be admitted as members of the
trust by resolution of the trust or as provided by the rules of the trust.
(3) A person ceases to
be a member of the trust in any of the following circumstances or as otherwise
provided by this Act:
(a) if
the trust resolves that the membership should be discontinued—
(i)
on the ground that the member has ceased on a permanent
basis to carry on the business of primary production that gives rise to his or
her entitlement to membership; or
(ii)
on any other reasonable ground determined by the trust;
(b) if
the member resigns;
(c) on
death (subject to any provision made by the trust or by law for a legal
personal representative of the estate of a deceased member to continue to
exercise the rights or to manage the business of the deceased member);
(d) in
the case of a member that is a body corporate—if the body is dissolved.
(4) The
presiding member of the board will be the presiding member of the trust and
the deputy presiding member of the board (if any) will be the deputy
presiding member of the trust.
(5) The deputy
presiding member of the trust may act as the presiding member in the absence
of the presiding member or during a vacancy in the office of presiding member.
(6) If there is no
deputy presiding member, a person selected by the board may act as the
presiding member in the absence of the presiding member or during a vacancy in
the office of presiding member.