(1) Every society now existing, which has beell under the Saving of of 1912, C O - U ~ J ~ ~ U ~ ~ V C Societies Act, 1912, as it applies to the Union territory of the exisling Andaman and Nicobar Islands, shall Le deemed to be registcrcd undcr the societies.
corresponding provisions of this Regulation, and its bye-laws shall, so far * a's they are not inconsistent with the provisions of this Regulation or the rules, continue to be in force until altered or rescinded.
(2) All appointments, rules and orders made, all n~tifica~tions and notices issued and all suits and other proceedings instituted under the said Act shall, so far as they are not inconsistent with the provisions of this Regulation, be deemed to have *been respectively made, issued and instituted under this Regulation save that an order cancelling the registratlon of a co-operative society made under the said Act shall be deemed, unless the society has already been finally liquidated, as an order made under section 57 for its being wound up. ,