32Requirements for registration

#### 32 Requirements for registration 32 Requirements for registration > > (1) When an application is made for the registration of a corporation as a co-operative under this Division, the Registrar must register the corporation as a co-operative under this Law and register its rules under this Law if the Registrar is satisfied the requirements for the registration of the corporation as a co-operative have been met. > > > (2) The requirements for the registration of a corporation as a co-operative under this Division are as follows— > > > > > (a) the proposed rules of the proposed co-operative must be the rules approved by the Registrar under section 24; > > > > > (b) the requirements of this Law must have been complied with in relation to the proposed co-operative; > > > > > (c) there must be no reasonable cause for refusing registration of the proposed co-operative; > > > > > (d) the proposed co-operative must have a sufficient connection with this jurisdiction. > > > (3) If the Registrar is not satisfied the requirements for registration of the corporation as a co-operative have been met, the Registrar may refuse to register the proposed co-operative and its rules and must give to the applicant written notice of the refusal and the reasons for the refusal. > > > (4) If the Registrar has decided under this section to register a corporation under this Law, the corporation must notify the authority responsible for registering the corporation under the law under which it was previously registered of that decision. > > > (5) Despite anything to the contrary in this Division, the registration of a corporation as a co-operative does not take effect until the corporation ceases to be registered under the law under which it was previously registered. > > > (6) The corporation must notify the Registrar in writing within 7 days after ceasing to be registered under that other law.