s 96 Status of registration and by-laws of co-operative societies registered under the repealed laws
(1) A co-operative society which was immediately before the commencement of this Act registered or deemed to be registered under the provisions of the repealed laws shall be deemed to have been registered under this Act. (2) Subject to subsection (3), co-operative societies registered or deemed to be registered under any of the repealed laws shall, not later than two years after the commencement of this Act, amend their bylaws so as to bring them in conformity with the provisions of this Act. (3) Subsection (2) shall not apply to any by-law of a co-operative society made under any of the repealed laws under which individual persons as well as registered co-operative societies, or under which different types of registered co-operative societies, may become members of such co-operative society or which provides that such cooperative co-operative society shall be a co-operative co-operative society with unlimited liability, if such by-law was not inconsistent with the repealed law under which it was made.