(1) A co-operative whose registration under the Co-operatives Act 1996 is in force immediately before the commencement of this section is taken to be registered under the Co-operatives National Law (Victoria).
(2) A co-operative referred to in subsection (1) that was a trading co-operative immediately before the commencement of this section is taken to be a distributing co-operative.
(3) A co-operative referred to in subsection (1) that was a non-trading co-operative immediately before the commencement of this section is taken to be a non-distributing co-operative.
(4) A co-operative referred to in subsection (1) that was an association or federation immediately before the commencement of this section is taken to be a co-operative group.