(1) On an application under section 1024 the registrar shall restore the company to the register if, and only if, the following conditions are met.
(2) The first condition is that the company was carrying on business or in operation at the time of its striking off.
(3) The second condition is that, if any property or right previously vested in or held on trust for the company has vested as bona vacantia, the Crown representative has signified to the registrar in writing consent to the company's restoration to the register.
(4) It is the applicant's responsibility
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