Application for Membership in Beranghi Co-operative Ltd
Co-operatives Act 1992 (NSW)
Last Name of Applicant: _____________________________________________________________
Other Names: ____________________________________________________________________
Full Postal Address: _______________________________________________________________
Address to which notices & newsletters are to be sent: ____________________________________
Phone & Email Contacts:___________________________________________________________
1. I apply to be admitted as a member of the above-mentioned Co-operative
and to be allocated one (1) share (“share”), and in respect
of this application I undertake to lodge: (please tick)
— The sum of $1000 as a 10% deposit, in support of my request
for a share.
— The sum of $10,000 plus Annual Levy, being full payment of all
costs to join the cooperative in 2021.
2. When the application is approved and the share is allocated to me,
I agree to pay within one (1) month the remaining amount of $9,000 plus
the Annual Levy to complete the payment of all charges.
3. I acknowledge that the sum of $10,000 is apportioned as follows:
(a) Share Capital = $6000
(b) Non-Refundable Joining Fee = $4000 (determined at AGMs but not to
4. Current Annual Levy (determined at GMs) = $250 payable as cash in
advance OR payable as:
— $150 cash plus $100 worth of Board approved goods
— Pro-rata amounts payable from when you pay the $10,000. e.g . Enter
in January: Levy = $125
5. I acknowledge that the Co-operative may introduce other charges (eg.
A Residents Levy) which would have to be approved by members at a GM
but will not exceed $50 week.
6. I agree to be bound by the rules of the Co-operative and any subsequent
alterations to the rules registered in accordance with the Co-operatives
Act 1992 and I also agree to be bound by the Beranghi by-laws which
I acknowledge are accessible via the Beranghi website.
Please follow the steps for buying a share and submit as required.
Signed: _________________________________ (witness)
Name of witness: __________________________
BANK DETAILS - COASTLINE CREDIT UNION BSB. 704-189 ACC NO. 00007829
Please complete and send to: Beranghi Co-operative LTD. Box 374, PO, KEMPSEY, NSW 2440