244Decision of Registrar on application to register special resolution

#### 244 Decision of Registrar on application to register special resolution 244 Decision of Registrar on application to register special resolution > > (1) If the Registrar is satisfied the co-operative has complied with this Law and the special resolution is not contrary to this Law, the Registrar must register the special resolution and may issue a certificate of registration. > > > (2) If the Registrar considers the effect of a special resolution filed for registration would be in contravention of this Law or any other law, the Registrar— > > > > > (a) may refuse to register the special resolution; and > > > > > (b) must give written notice to the co-operative that the special resolution— > > > > > > > (i) for a special resolution referred to in section 242 (2)—has no effect; and > > > > > > > (ii) in any other case—has no effect as from the date it was passed. > > > (3) A certificate of registration of a special resolution issued by the Registrar is, in favour of any person advancing money to the co-operative on the faith of the certificate or in favour of any guarantor of that advance, evidence that the resolution was properly passed.