Co-operatives Act, 2005 (Act No. 14 of 2005)

Schedules

Purchase

[Item 6 of Part 1 of Schedule 1 heading substituted by section 70 of Notice No. 558, GG 36729, dated 5 August 2013]

The provisions of the Share Blocks Control Act, 1980 (Act No. 59 of 1980) do not apply—

(a)	to a housing co-operative registered in terms of this Act in respect of every individual unit owned by the housing co-operative concerned that is used by a member in terms of a rental agreement; and

(b)	to a housing co-operative registered in terms of this Act in respect of every individual unit of the housing co-operative concerned that has been transferred in ownership to a member.

[Item 6 of Part 1 of Schedule 1 substituted by section 70 of Notice No. 558, GG 36729, dated 5 August 2013]