Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) The body corporate 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 body corporate as a cooperative does not prejudice any right of a member in respect of any shares held at the time of registration and incorporation.
(3) The change of registration and incorporation does not affect the identity of the body corporate which is deemed 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.