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

Schedules

Schedule 1 : Special Provisions Relating to Certain Kinds of Co-operatives

Part 2 : Worker Co-operatives

5. Laid-off member

 

(1) A temporary lay-off of a member does not result in termination of that member’s membership.

 

(2) If a member is laid off and two years have elapsed since the date of the lay-off without the member having resumed employment with the co-operative, the board of directors may, in accordance with the constitution of a co-operative, terminate the membership of the member.

 

(3) The provisions of item 4(2) to (5) apply to the termination of a member’s membership in terms of this item.