154Registrar may register merged society

#### 154 Registrar may register merged society 154 Registrar may register merged society > > (1) If, in relation to an application under this Division by societies for registration of a proposed merger, the Registrar is satisfied that— > > > > > (a) the societies involved have complied with section 153 (Application for registration of merger or transfer of engagements between societies of the same type), and > > > > > (b) the proposed rules of the merged society are adequate, and > > > > > (c) there are reasonable grounds for believing that the merged society will be able to comply with all applicable standards, and > > > > > (d) the certificates of incorporation of the societies involved in the merger have been surrendered to the Registrar, and > > > > > (e) there is no good reason why the merged society and its rules should not be registered, > > > > the Registrar must— > > > > > (f) register the merged society, and > > > > > (g) register its rules, and > > > > > (h) authorise it to operate as a co-operative housing society, and > > > > > (i) cancel the registration of the societies involved in the merger, and those societies are thereby dissolved. > > > (2) On registering the merged society, the Registrar must issue to the society— > > > > > (a) a certificate of incorporation, and > > > > > (b) a written authority to operate as a co-operative housing society. > > > (3) A merger takes effect on the issue of the certificate of incorporation under subsection (2).