A co-operative may choose to close for various reasons, including declining membership or if the reason for establishing the co-operative no longer exists. A co-operative can be wound up voluntarily by members or creditors, by the ACT Supreme Court, or on a certificate of the Registrar of Co-operatives. The process must be in accordance with the Co-operatives National Law (ACT) Act 2017 and the approved rules of the co-operative. Members may also wish to obtain their own independent legal advice about how to conduct the winding up process.