228Consequences of cancellation

#### 228 Consequences of cancellation 228 Consequences of cancellation > > (1) On cancellation of registration of an industrial organisation, the organisation ceases to be an industrial organisation for the purposes of this Act. > > > (2) The cancellation of registration does not relieve the industrial organisation or any of its members from any penalty or liability incurred by the industrial organisation or its members before the cancellation. > > > (3) The cancellation of registration of a State organisation also has the following consequences— > > > > > (a) the organisation ceases to be a body corporate under this Act, but does not thereby cease to be an unincorporated organisation, > > > > > (b) the Commission may, on application by a person interested, make such order as it considers appropriate in relation to the satisfaction of the debts and obligations of the organisation out of the property of the organisation, > > > > > (c) the property of the incorporated organisation is, subject to any such order, the property of the unincorporated organisation and is required to be held and applied for the purposes of the organisation under the rules of the organisation so far as they can still be carried out or observed. > > **s 228:** Am 2016 No 48, Sch 1 \[73\]; 2023 No 41, Sch 1.2\[68\].