Existing applications for registration of proposed cooperatives
38 Existing applications for registration of proposed cooperatives
This section applies if—
before the commencement, an application for registration of a proposed cooperative was made under section 19 or 22 of the repealed Act; and
immediately before the commencement, the registrar had not decided the application.
Part 2 of the repealed Act continues to apply in relation to the application as if that Act had not been repealed.
If the registrar decides that the registrar is satisfied the requirements for registration for the application have been met—
the registrar must register the proposed cooperative as a co-operative under the Law; and
the Law applies in relation to the registration as if the decision were made under section 27 or 32 of the Law.
In this section—
requirements for registration means—
for an application made under section 19 of the repealed Act—the requirements for registration mentioned in section 20(2) of the repealed Act; or
for an application made under section 22 of the repealed Act—the requirements for registration mentioned in section 25(2) of the repealed Act.
This Act’s bill:Explanatory memorandumSecond reading speech
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