law: Co-Operative Societies Act 2008 
  28.
  
  Termination of membership by Board
  1.      Subject to the
  
  by-laws, the Board may, by at least two-thirds vote of the directors present at
  
  a meeting called for the purpose, order the termination of the membership of a
  
  member from the society.
  2.      Where the Board terminates
  
  the membership of a member pursuant to this section-
  a.     
  
    the
  
  Board shall-
                       
  
   i.        
  
    within
  
  a period of one year, purchase from the member at par value all shares in the
  
  society held by the member; and
                      
  
   ii.        
  
    pay
  
  to the member all amounts held to his credit, together with any interest
  
  accrued on those amounts and the amount outstanding on loans made to the
  
  society by the member with any interest accrued on those amounts;
  a.    
  
     
  b.    
  
    the
  
  Secretary of the society shall, within ten days from the date on which the
  
  order is made, notify the member of the order;
  c.     
  
    the
  
  member may appeal from the order to the next general meeting of the society by
  
  giving written notice of his intention to appeal to the Secretary within thirty
  
  days from the date he received notice of the order pursuant to paragraph (b) ;
  
  and
  d.    
  
    where
  
  the member appeals pursuant to paragraph (c) a majority, or any greater
  
  percentage that may be specified in the by-laws, of the members present at the
  
  general meeting shall confirm or rescind the order.
  1.      
  2.      
  3.      Where the address of
  
  a member the termination of whose membership is ordered pursuant to subsection
  
  (1) is unknown to the society after all reasonable efforts have been made to
  
  ascertain his address for the purpose of making payment to him of amounts held
  
  to his credit, the society shall transfer those amounts to its Reserve Fund.
  4.      Where any amount is
  
  transferred pursuant to subsection (3), the society shall pay that amount to
  
  the person entitled to it or to his legal representative on proof of his claim
  
  that is satisfactory to the society.
  5.      Where a society
  
  transfers amounts held to the credit of a member pursuant to subsection (3), it
  
  shall immediately submit to the Registrar a return showing-
  a.     
  
    the
  
  member’s name;
  b.    
  
    the
  
  member’s last known address; and
  c.     
  
    the
  
  amounts transferred.