sec.32Formation meetings held under the repealed Act, s 16

sec.32 Formation meetings held under the repealed Act, s 16

This section applies if— before the commencement, a formation meeting was held under section 16 of the repealed Act in relation to a proposed cooperative; and immediately before the commencement, an application for registration of the proposed cooperative had not been made under section 19 of the repealed Act. The formation meeting is taken to have been held under chapter 2, part 2.1, division 2 of the Law. A decision made at the formation meeting to authorise a person to apply for registration of the proposed cooperative under the repealed Act is taken to be a decision to authorise a person to apply for registration of the proposed co-operative under the Law. (sec.32-ssec.1) This section applies if— before the commencement, a formation meeting was held under section 16 of the repealed Act in relation to a proposed cooperative; and immediately before the commencement, an application for registration of the proposed cooperative had not been made under section 19 of the repealed Act. (sec.32-ssec.2) The formation meeting is taken to have been held under chapter 2, part 2.1, division 2 of the Law. (sec.32-ssec.3) A decision made at the formation meeting to authorise a person to apply for registration of the proposed cooperative under the repealed Act is taken to be a decision to authorise a person to apply for registration of the proposed co-operative under the Law.

• (a) before the commencement, a formation meeting was held under section 16 of the repealed Act in relation to a proposed cooperative; and
• (b) immediately before the commencement, an application for registration of the proposed cooperative had not been made under section 19 of the repealed Act.