43. Restriction on shareholding

Terms defined in s 2

• member

  member

  Defined · s 2

  “member” includes an individual person or institution qualifying for membership in a co-operative society, who or which join in the application for the registration of a society, and an individual person or institution admitted to membership after registration in accordance with this Act, the Rules and the by-laws;

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• platform work association

  platform work association

  Defined · s 2

  “platform work association” means a platform work association registered under the Platform Workers Act 2024;

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• Registrar

  Registrar

  Defined · s 2

  “Registrar” means the Registrar of Co‑operative Societies appointed under section 3(1), and includes a Deputy Registrar, an Assistant Registrar, or a public officer appointed under section 3(1), exercising such function, duty or power of the Registrar as is delegated to the Deputy Registrar, Assistant Registrar or public officer (as the case may be) under section 3(2);

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• share

  share

  Defined · s 2

  “share” means a unit of the share capital or subscription capital of a society;

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• society

  society

  Defined · s 2

  “society” means a co-operative society registered under this Act and includes a primary society, a secondary society and an apex organisation;

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• trade union

  trade union

  Defined · s 2

  “trade union” means a trade union registered under the Trade Unions Act 1940;

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