(1)In this Act “registered society” means a society registered under this Act, that is—
(a)a society registered under this Act on or after 1 August 2014 (the day this Act comes into force), or
(b)(by virtue of section 150(1)) a society that immediately before that date was registered or treated as registered under the 1965 Act.
(2)In this Act “the 1965 Act” means the Industrial and Provident Societies Act 1965.