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s 890

Effect on corporate status

In force
Chapter 12Industrial organisations and associated entities
Part 16Deregistration
Division 4Effects of deregistration

890 Effect on corporate status

(1)

If the deregistered organisation was a corporation under another law, the deregistered organisation continues to be incorporated, but only under the other law.

(2)

If the deregistered organisation was incorporated only because of its registration—

(a)

it stops being incorporated and becomes an association; and

(b)

its name is taken to be changed to omit the words required to be included in its registered name under section 612(1); and

(c)

its rules continue in force to the extent the rules can still be carried out or complied with.

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