Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A registered
society may, by special resolution, determine to seek incorporation as a
company under any law for the time being in force relating to the
incorporation of companies, or to amalgamate with, or transfer its engagements
to, any such company.
[(2) deleted]
(3) If a society is
registered as, or amalgamated in with, or transfers all its engagements to a
company, the registry of such a society under this Act shall thereupon become
void, and the same shall be cancelled by the Registrar, but the registration
of a society as a company shall not affect any right or claim for the time
being subsisting against such society or any penalty for the time being
incurred by such society, and for the purpose of enforcing any such right,
claim or penalty, the society may be sued and proceeded against in the same
manner as if it had not been registered as a company, and every such right or
claim, or the liability to such penalty, shall be enforceable as against the
property of such company.
[Section 42 amended by No. 10 of 1982
s. 28.]