PART IIREGISTERED SOCIETIES

Contracts, property, etc., of society

28AF1Purported contracts, deeds and obligations

1

A contract which purports to be made by or on behalf of a registered society at a time when the society has not been registered under this Act shall have effect, subject to any agreement to the contrary, as one made with the person purporting to act for the society or as agent for it.

2

A contract to which subsection (1) applies shall be treated—

a

as imposing on that person all the obligations it purports to impose on the society; and

b

as conferring on him all the rights it purports to confer on the society.

3

Subsections (1) and (2) apply to the making of a deed as they apply to the making of a contract.