Tasmanian Numbered Acts Tasmanian Numbered Acts129. Notice of intention to cancel membership
(1) The board of a cooperative must ensure that not less than 28 days notice of its intention to declare the membership of a member to be cancelled is given to the member.
(2) Notice is not required to be given under this section if –
(a) the member's whereabouts are unknown to the cooperative; and
(b) the amount required to be repaid to the member in respect of the cancelled membership (whether by reason of the cancellation of shares or otherwise) does not exceed $50.