Eligibility for a merger

Confederations responsible for auditing cooperative societies may merge only with one another. Furthermore, a confederation responsible for auditing cooperative societies may absorb, as an acquiring confederation, an association having legal capacity, provided that the latter meets the pre-requisites set out in section 63b (2) of the Trade & Industrial Cooperative Societies Act and furthermore provided that the authority named in section 107 (2) has consented to the merger agreement.