38 & 39 Vict. Cap. 60, s. 24. 
91 
resolution, transfer its engagements to any other registered 
society which may undertake to fulfil the engagements of 
srrcli society (c). 
(4.) Conversion of societies into companies, &c.—A society 
may by special resolution determine to convert itself into 
a company under the Companies Acts, or to amalgamate 
with or transfer its engagements to any such company (d). 
(5.) Eights of creditors.—No amalgamation or transfer of 
engagements shall prejudice any right of a creditor of 
either or any society party thereto (e). 
(6.) Registration of special resolutions.—A copy of every 
special resolution for any of the purposes mentioned in 
this section, signed by the chairman of the meeting and 
countersigned by the secretary, shall be sent to the central 
office and registered there, and until such copy is so 
registered such special resolution shall not take effect (e). 
(~.) Registration of copy of special resolution as memo 
randum of association.—If a special resolution for convert- 
ln g a society into a company contains the particulars by 
the Companies Act, 1862, required to he contained in the 
memorandum of association of a company, and a copy 
thereof has been registered at the central office, a copy of 
such resolution under the seal or stamp of the central office 
shall have the same effect as a memorandum of association 
duly signed and attested under the said Act (e). 
(8.) Registry of society under Act to become void on regis 
tration as a company, dec.—If a society be registered as, or 
(p) Union of societies, or transfer of tire engagements of a 
society, was authorized by 18 & 19 Vict. c. 63, s. 14. 
(d) This provision is new. The Industrial and Provident 
Societies Act, 1862, s. 21, authorized the conversion of a society 
Registered under it into a company, but contained no provision 
sunilar to clause 7 of the present section directing the manner 
m which such conversion is to be effected, merely enacting that 
“ e society shall conform to the provisions of the Companies 
Act - The Industrial and Provident Societies Act, 1876, has a 
Provision adopted from the Friendly Societies Act, 1875. See 
Uirt III, post' 
\ e ) These provisions are new.