50Registration

#### 50 Registration 50 Registration > > (1) A proposed society formed under this Part may apply to the Registrar, in accordance with the regulations, to be registered under this Act as a society and authorised to operate either as a co-operative housing society or as a Starr-Bowkett society. > > > (2) An application for registration must— > > > > > (a) be made within 2 months after the formation meeting at which the first directors of the society were elected, and > > > > > (b) be accompanied by— > > > > > > > (i) a statement, in the form approved by the Registrar, to the effect that the requirements of section 49 (Formation of co-operative housing and Starr-Bowkett societies) have been complied with, and > > > > > > > (ii) a copy of the statement presented to the meeting, signed by the person presiding and the secretary, and > > > > > > > (iii) 2 copies of the proposed rules of the society, certified by the person presiding and the secretary to be the rules approved at the meeting, and > > > > > > > (iv) a list containing the full name, date and place of birth, residential address and business occupation of each director, and > > > > > > > (v) a list containing the full name, address and occupation of each of 7 or more adults who attended the meeting and applied for membership and (if applicable) shares, and > > > > > > > (vi) written estimates of all income and expenditure and capital flows over each of the first 3 years of operation of the society, and > > > > > > > (vii) such evidence as the Registrar requires— > > > > > > > > > (A) that the society is eligible for registration, and > > > > > > > > > (B) that the society, if registered, will be able to comply with this Act and all applicable standards, and > > > > > > > > > (C) that the society, if registered, will be able to carry out its objects successfully. > > > (3) (Repealed) > > > (4) If the Registrar is satisfied that the society is eligible for registration, the Registrar must— > > > > > (a) register the society and its proposed rules, and > > > > > (b) authorise the society to operate either as a co-operative housing society or a Starr-Bowkett society, but not both. > > > (5) A society is eligible for registration only if— > > > > > (a) the society’s application for registration complies with this Act, and > > > > > (b) the proposed rules of the society are not contrary to this Act, and > > > > > (c) there are reasonable grounds for believing that the society will, if registered— > > > > > > > (i) be able to comply with all applicable standards and applicable character requirements, and > > > > > > > (ii) be able to carry out its objects successfully, and > > > > > (d) there is no good reason why the society and its rules should not be registered. > > > (6) Without limiting the form that may be approved under subsection (2) (b) (i), the form may be an electronic form accessible on a publicly available website. > > > (7) (Repealed) > > **s 50:** Am 2017 No 25, Sch 2.3 \[1\]–\[3\]; 2024 No 25, Sch 7.5\[1\].