(1) This section applies if—(a) before the commencement, the registrar approved rules for a proposed cooperative under section 18 of the repealed Act; and(b) immediately before the commencement, an application for registration of the proposed cooperative had not been made under section 19 or 22 of the repealed Act.
(2) The approval continues in effect and is taken to be an approval of rules given under section 24 of the Law.