An application for the registration of a society under this Act is made by sending the following to the FCA—
If the FCA is satisfied that the society has complied with the requirements under this Act as to registration, it must—
A registered society is by virtue of its registration a body corporate by its registered name, with limited liability.
The society may sue and be sued by its registered name.
Registration vests in the society all property for the time being vested in any person in trust for the society.
Any legal proceedings pending by or against the trustees of the society may (once the society is registered) be brought or continued by or against the society.
The acknowledgement of registration also constitutes an acknowledgment of, and is conclusive evidence of, the registration under this Act of the rules of the society in force at the date of the society's registration.