Effect of amalgamation
842 Effect of amalgamation
This section applies on the amalgamation day for an amalgamation.
If the proposed amalgamated organisation for the proposed amalgamation is not already registered, the registrar must—
enter in the register its name and the amalgamation day; and
give it a certificate of registration in the approved form.
If the amalgamated organisation was not incorporated before the entry in the register, section 611 applies to the organisation as if the commission had granted a registration application under part 2 on the amalgamation day.
Despite part 6, a proposed amendment of the rules of an existing organisation for the amalgamation takes effect.
If there is a proposed deregistering organisation for the proposed amalgamation—
sections 888 to 890 and 893 apply to the organisation as if a deregistration order had been made for it; and
its property and liabilities vest in the amalgamated organisation; and
its members become members of the amalgamated organisation, without requirement to pay an entrance fee.
The amalgamated organisation must take all necessary steps to give effect to the amalgamation.
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