law: Co-Operative Societies Act 2008 
  15.
  
  Probationary societies
  1.      If the Registrar is
  
  satisfied that a society which has submitted an application for registration
  
  should not be registered as a registered society, he may register that society
  
  for a period not exceeding 12 months.
  2.      A society registered
  
  under subsection (1) shall be termed “probationary society” and shall be
  
  subject to such conditions as the Registrar may impose.
  3.      If the Registrar is
  
  satisfied that a probationary society has made sufficient progress in complying
  
  with the conditions imposed on the society, he may register the probationary
  
  society as a registered society.
  4.      If the Registrar is
  
  not satisfied that a probationary society has made sufficient progress in
  
  complying with the conditions imposed on that society, he may extend the
  
  probationary period for a further period not exceeding 12 months, or cancel the
  
  registration.
  5.      If at the end of the
  
  second year the Registrar is satisfied that a probationary society has made
  
  sufficient progress in complying with the conditions imposed on that society,
  
  he may register that society as a registered society or cancel the
  
  registration.