s 502
In forcePending incorporation
Part 19Transitional and savings provisions
Division 5Pending incorporation, reconstruction or winding‑up
502 Pending incorporation
If immediately before the day the former Acts are repealed a co‑operative company or registered society has passed a special resolution to transfer to registration or incorporation under another written law and the application for registration or incorporation has been neither granted nor refused —
(a)
the special resolution is to be given effect under the former Act; and
(b)
the company or society continues to be incorporated and be regulated by the former Act until the application for registration or incorporation is either granted or refused.
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