law: Co-Operative Societies Act 2008 
  146.
  
  Transfer of assets of societies
  1.      Any society may, by
  
  resolution passed by not less than three fourths of all the members present and
  
  voting at a special general meeting called for the purpose, agree to transfer
  
  its assets and liabilities to any other society which has agreed to accept
  
  them.
  2.      The acceptance of
  
  that other society shall be evidenced by a resolution of not less than
  
  three-fourths of the members of that other society present and voting at a
  
  special general meeting called for the purpose.
  3.      On the passing of the
  
  resolutions referred to in subsections (1) and (2), the transferor society
  
  shall apply to the Registrar for cancellation of its registration and the
  
  transferee society shall submit to the Registrar a copy of its resolution
  
  agreeing to the transfer.
  4.      Subject to subsection
  
  (5), the cancellation of registration and the submission of the resolution
  
  agreeing to accept the transfer is hereby deemed to be sufficient to vest the
  
  assets and liabilities of the transferor in the transferee.
  5.      Where the vesting of
  
  the assets of a society involves real property, a copy of the resolution
  
  referred to in subsection (1), certified as such by the Registrar, the
  
  resolution shall be recorded at the Land Registry.