412
CurrentHow this Division applies to a transfer of incorporation
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
412 How this Division applies to a transfer of incorporation
(1)
This Division applies to a transfer of incorporation under
Division 2.
(2)
In the application of this Division to the transfer of incorporation:
new body means the corporation resulting from the transfer.
original body means the co-operative transferring its incorporation.
relevant day means the day on which the transfer takes effect.
This Act’s bill:Explanatory statement
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