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The SMARTimbers Co-operative has been established
in order to provide benefits to its members by improving the
marketing environment for private forestry enterprises.
It will do this by providing services to its
members in the fields of:
Marketing of forest products
Value adding to forest products
Forest and plantation management
Benefits of membership
Membership of SMARTimbers will enable individuals
to band together co-operatively to ensure provision of, and
access to, marketing, value-adding, and forestry management
services which will promote the economic, social, and environmental
sustainability of their enterprises and their regional communities.
Membership of the Co-operative will support
the achievement of the SMARTimbers mission.
Who can be a member?
Membership of the Co-operative is open to
all persons whom the Board considers will be able to meet
the active membership provisions of the Rules*. You will be
required to take up a shareholding in the Co-operative.
Making application for Membership
Membership applications must be made in writing
to the Board.
Upon receipt of your share application, it
will be placed before the Board of Directors for approval.
Obligations of membership
Active membership provisions of the Rules
require that to remain a member of the co-operative, you must:
Conduct trade with the co-operative
to an amount of at least $500, or such greater amount as may
be determined by the Board from time to time, in any three
year period; or
Subscribe to services provide by the co-operative to
an amount of at least $50, or such greater amount as may be
determined by the Board from time to time, in any one year
period.
On admittance to the Co-operative, you must take up
a shareholding of 1000 shares of one dollar, each partly paid
to 10 cents. The Board may make further calls on the unpaid
portion of the your shareholding in accordance with the Rules.
Your membership can be cancelled and your
share forfeited in the following circumstances:
If you are inactive for over 3 years
Expulsion or resignation in accordance with the Rules
On the death or bankruptcy of an individual member
On the dissolution of a corporate member
Other wise according to the rules.
Your shares may only be sold or transferred
with the consent of the Board and only to a person who is
eligible to be a member.
General Information
In the Co-operative, every member holds the
affairs of the Co-operative.
* A copy of the rules is available by email
(pdf); or a hard copy for $5 plus P&H
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