244Decision of Registrar on application to register special

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

Co-operatives (National Uniform Legislation) Act 2015 153 (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. Division 3 Resolution by circulated document