174
39 & 40 Vict. Cap. 45, s. 17.
(6.) Registration of special resolutions.—A copy of every
special resolution for any of the purposes mentioned in this
section, signed hy the chairman of the meeting and counter
signed 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.
(7.) Registration of copy of special resolution as memoran
dum of association.—If a special resolution for converting a
society into a company contains the particulars by the
Companies Act, 1862, required to be 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 asso
ciation duly signed and attested under the said Act (a).
(8.) Registry of society under Act to become void on registra
tion as a company, &c.—If a society be registered as, or
amalgamates with, or transfers all its engagements to a
company, the registry of such society under this Act shall
thereupon become void, and the same shall be cancelled hy
the chief registrar or by the assistant registrar for Scotland
or Ireland under his direction ; but the registration of a
society as a company shall not affect any right or claim for
the time being subsisting against such society, or any
penalty for the time being incurred by such society ; and
for the purpose of enforcing any such right, claim, or
penalty, the society may be sued and proceeded against in
the same manner as if it had not become registered as a
company ; and every such right or claim, or the liability to
such penalty, shall have priority as against the property of
such company over all other rights or claims against or
liabilities of such company.
17. Dissolution of societies.—With respect to the dissolu
tion of registered societies, the following provisions shall
have effect:
(cr) Sec note (4), p. 173, ante.