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Rule 2 The object of the society shall be:- (a) the construction, improvement and management, on the Cooperative principles (as set out in the appendix of these rules), of houses for occupation by the members of the society. and (b) the provision and improvement, on the Cooperative principles, of land or buildings for purposes connected with the requirements of the members occupying the houses provided by the society. Rule 3 The society shall have the power to do all things necessary or expedient for the fulfillment of its objects.
4. The economic results arising out of the operations of a society belong to the members of that society and should be distributed in such a manner as would avoid one member gaining at the expense of others. This may be done as follows: