Co-operative and Community Benefit Societies Act 2014
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
112 Conversion of society into a company, amalgamation with a company etc
(1) A registered society may by special resolution determine to— (a) convert itself into a company, (b) amalgamate with a company, or (c) transfer its engagements to a company. In this section “company” means a company under the Companies Acts. (2) A registered society's registration under this Act becomes void and (subject to section 126) must be cancelled by the FCA if the society— (a) is registered as a company, (b) amalgamates with a company, or (c) transfers all its engagements to a company. (3) Section 113 contains provisions about special resolutions under this section. (4) Section 114 contains further provisions about the conversion of a society into a company. (5) An amalgamation or transfer of engagements does not prejudice any right of a creditor of the society.
112 Conversion of society into a company, amalgamation with a company etc
(1) A registered society may by special resolution determine to— (a) convert itself into a company, (b) amalgamate with a company, or (c) transfer its engagements to a company. In this section “company” means a company under the Companies Acts. (2) A registered society's registration under this Act becomes void and (subject to section 126) must be cancelled by the FCA if the society— (a) is registered as a company, (b) amalgamates with a company, or (c) transfers all its engagements to a company. (3) Section 113 contains provisions about special resolutions under this section. (4) Section 114 contains further provisions about the conversion of a society into a company. (5) An amalgamation or transfer of engagements does not prejudice any right of a creditor of the society.
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