Section 248 - Certificate of merger

(1) The Registrar shall, within seven days from the date of receipt of the documents referred to under section 245.

(a) in the case of a merger by absorption, issue a certificate of merger; or

(b) in the case of a merger by formation of a new company,

(i) enter the particulars of the transferee company in the register; and

(ii) issue a certificate of merger together with a certificate of incorporation.

(2) Where a merger proposal specifies a date on which the merger is intended to become effective, and that date is the same as or later than the date on which the Registrar receives the documents, the certificate of merger and certificate of incorporation issued under subsection (1) shall be expressed to have effect on the date specified in the merger proposal.