Co-Operative Societies Act 2008
163.
Revival of dissolved society
1. Where a society has
been dissolved pursuant to this Part, any interested person may apply to the
Registrar to have the society revived by sending him an application for revival
in the prescribed form.
2. Where the Registrar receives
an application for revival pursuant to subsection (1) and he is satisfied that
the society is in compliance with this Act, he may—
a.
issue
a certificate of revival in the prescribed form and publish notice of the
revival in the Gazette; and
b.
impose
any conditions on the society that he considers reasonable with respect to the
society.
1.
2.
3. A society is revived
on the date shown in the certificate of revival.
4. Where a society is
revived pursuant to this section, it—
a.
has
all the rights and privileges; and
b.
is
liable for the obligations, that it would have had if it had not been
dissolved, subject to any terms that may be imposed by the Registrar and to any
rights acquired by any person after its dissolution.