Part 7AConversion to company
113SRegisters
The Registrar-General of Land, the Registrar of Deeds, or any other person charged with the keeping of any books or registers is not obliged solely by reason of the foregoing provisions of this Part to change the name of a society to that of a company in those books or registers or in any document.
The presentation to any registrar or other person of any instrument, whether or not comprising an instrument of transfer by the company,—
- executed or purporting to be executed by the company; and
- relating to any property held immediately before the conversion date by the society; and
- containing a recital that that property has become vested in the company, by virtue of the provisions of this Part—
No fee shall be payable to the Registrar-General of Land under the Land Transfer Act 2017 or any regulations made under that Act for any act, matter, or thing in respect of which a fee is prescribed if the act or thing is done or the matter arises—
- solely by reason of the change of name of a society to that of a company pursuant to this Part; and
- other than at the request of the society or the company into which the society has become converted.
Notes
- Section 113S: inserted, on , by section 26 of the Building Societies Amendment Act 1987 (1987 No 175).
- Section 113S(1): amended, on , by section 250 of the Land Transfer Act 2017 (2017 No 30).
- Section 113S(3): amended, on , by section 250 of the Land Transfer Act 2017 (2017 No 30).