Terms used
389 Terms used
In this Division —
appropriate Registrar, in relation to a proposed merger or transfer of engagements, means —
the State Registrar, if the merger is to result in a State co‑operative or the transfer is to a State co‑operative; or
the participating Registrar, if the merger is to result in a co‑operative under the corresponding co‑operatives law of the participating jurisdiction concerned or the transfer is to such a co‑operative;
assets means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description (including money) and includes securities, choses in action and documents;
liabilities means liabilities, debts and obligations (whether present or future and whether vested or contingent);
State co‑operative means a co‑operative registered in this State;
State Registrar means the Registrar of this State.
[Section 389 amended: No. 7 of 2016 s. 144.]
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