Blue & Gold Forum

Trust Rules

DISSOLUTION


105. The Society may be dissolved by the consent of three-quarters of the members who sign an instrument of dissolution in the form provided by Act or by winding-up in the manner provided by the Act.

106. If on the winding up or dissolution of the Society there remains, after the satisfaction of all its debts and liabilities any property whatsoever the same is to be transferred to:

  • a. a sporting charity or sporting charities operating in the Area; and/or
  • b. one or more societies established for the benefit of the community operating in the Area; and/or
  • c. one or more societies established for the benefit of the community

in each case as determined by the members at a meeting called to decide the issue. Nothing belonging to the Society shall be transferred to any other society unless that society has in its rules a rule substantially in the terms of this Rule.




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