158Certificate of confirmation (transfer by direction)

158 Certificate of confirmation (transfer by direction)

158 Certificate of confirmation (transfer by direction)

(1) This section applies to a transfer of engagements by a direction under section 156 (Registrar may direct a transfer of engagements between societies of the same type).

(2) If the transfer takes effect immediately, the direction must be accompanied by a certificate of confirmation indicating that the certificate takes effect when it is issued.

(3) If the transfer does not take effect immediately—

(a) the direction must specify the day when the Registrar proposes to issue the certificate of confirmation, and

(b) when the Registrar is satisfied that the societies have complied with the direction, the Registrar must issue a certificate of confirmation.

s 158: Am 1999 No 2, Sch 4 [5].