410
CurrentHow this Division applies to a merger
Chapter 4Structural and other events for co-operatives
Part 4.3Mergers and transfers of engagements
Division 3Effect of merger or transfer on assets and liabilities
410 How this Division applies to a merger
(1) This Division applies to a merger of co-operatives under Division 1.
(2)
In the application of this Division to the merger:
new body means the co-operative resulting from the merger.
original body means each co-operative that is a party to the merger.
relevant day means the day on which the merged co-operative is registered under this Law.
This Act’s bill:Explanatory statement
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