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Part 2 · Special provisions  ›  Division 3 · Division involving registered cooperative societies › Section 148

Application for entry in the register of the partial division or the division by separation

(1) In filing an application for entry in the register of the partial division or of the division by separation with the register maintained at the seat of a cooperative society being acquired, the management board of same also is to file the declaration that as per the time of the application for entry in the register, the pre-requisites for the formation of this cooperative society stipulated by the law and by the by-laws have been met, taking account of the partial division or the division by separation.

(2) Besides the documents otherwise required, the following are to be attached to the application for entry in the register of the partial division or of the division by separation:

1.  the division report pursuant to section 127;

2.  the audit opinion pursuant to section 125 read in conjunction with section 81.

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