Amendment status not verified — confirm the current text below against the official source.
( 1 ) The sharcs held by a member of a Co-operalive Farming Reslric~ion Socicly shall no1 be rransferrcd to any person olhcr lhan unolhcr rncmber z~:rzfh a of the society or a roiyal or olhcr person residing in [he locality in which ~ o - o p e n ~ i v c ihe sociely has bccn eslablishcd. Fmning Smicty. (2) Subjecr to the reslrictions men~ioncd in sub-scction (I), h c shares hcld by a membcr of a Co-opcra~ive Farming Society shall be lransfcnble and heritable.