Queensland Consolidated Acts

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COOPERATIVES ACT 1997 - SECT 27

27 Effect of registration

(1) The corporation is to be taken to be incorporated under this Act on its registration.

(2) Except as expressly provided in this Act, the registration and incorporation of the corporation as a cooperative does not prejudice any right of a member in relation to any shares held at the time of registration and incorporation.

(3) The change of registration and incorporation does not affect the identity of the corporation that is taken to be the same body after registration as a cooperative as it was before and no act, matter or thing is affected by the change.



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