Certificate of continuance

(1) Upon receipt of the application and articles of continuance, the Registrar shall issue a certificate of continuance if he is satisfied that the application and articles of continuance are in compliance with the requirements of sections 85 and 86. (2) On the date shown in the certificate of ContinuanceInternational Foundations [CAP. 24:02 69 (a) the foreign foundation becomes a foundation to which this Act applies as if that foundation had been established under this Act; and (b) the articles of continuance shall be deemed to be the foundation charter of the foundation which is continued under this Act.