Document ID: chunk:federal_register_of_legislation:C2020A00131:clause:1_110b
Version: federal_register_of_legislation:C2020A00131
Segment Type: clause
Provision Reference: sch 1 cl 110B
Character Range: 16974–17552

110B  Undertakings of applicant take effect as undertakings of newly registered organisation
  An undertaking accepted from the applicant or applicants as mentioned in subsection 100(4) is taken, from the day determined under paragraph 109(1)(a), to be an undertaking accepted from the newly registered organisation.
Note: At the time the applicant's or applicants' undertaking is accepted under subsection 100(4), the newly registered organisation has not come into existence. The amalgamated organisation continues in existence and continues to be bound by its undertakings.