2—(1) This paragraph applies where an application for the registration of a society under the 1969 Act has been made but not determined before section 8 comes into operation.N.I.
(2) The registrar must not take any further step in relation to the application until the registrar receives a document, signed by the persons who signed the application for registration, stating whether the application is to be treated as—
(a)an application to register the society as a co-operative society, or
(b)an application to register the society as a community benefit society.
(3) Once the registrar receives the document, the application is to be treated in accordance with the statement contained in the document.