The Corporations Act and the Banking Act do not define mutuals : ASIC and APRA say what demutualisation is, but do not define mutuality.

This blog will discuss matters concerning credit unions, building societies, co-operatives, health benefit funds and a range of other member-based organisations who consider  themselves mutuals.

This blog is not legal advice.

This blog will never discuss my clients’ confidential matters.

But I will try to discuss interesting issues affecting mutuals.