Is there any penalty if we proceed to conduct activities after we have submitted our application to ROS for consideration but before it is approved?
It is an offence for a society to conduct its activities before its registration is approved by ROS. Under Regulation 3 of the Societies Regulations, you would be guilty of an offence and would be liable on conviction to a fine not exceeding $1000 and, where the breach is a continuing one, to a further fine not exceeding $100 for every day after the first day during which the breach continues.
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