Co-Operative Societies Act 2008
Part
IX Reconstruction
of Societies
142.
Methods of reconstruction
1. The reconstruction of
a registered society may be effected by any of the following methods—
a.
the
amalgamation of one society with another society to form a single society;
b.
the
transfer of the assets and liabilities of one society to another society; or
c.
the
division of a society into 2 or more societies.
1.
2. Sections 145 to 148
shall have effect with respect to the procedure that must be followed in
relation to the reconstruction of a society.