s 27
In forceEffect of registration
Part 2Formation
Division 5Registration of an existing corporation
27 Effect of registration
(1)
The corporation is taken to be incorporated under this Act on its registration.
(2)
Except as expressly provided in this Act, the registration and incorporation of the corporation as a co‑operative does not prejudice any right of a member in respect of any shares held at the time of registration and incorporation.
(3)
The change of registration and incorporation does not affect the identity of the corporation which is taken to be the same body after registration as a co‑operative as it was before and no act, matter or thing is affected by the change.
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