CHANGES TO THE CONSTITUTION

101. The Act provides that the Society may by special resolution:

• a. amalgamate with another Society or a company registered under the Companies Acts
• b. transfer its engagements to another society or a company registered under the Companies Acts
• c. convert itself into a company registered under the Companies Acts

The quorum at any general meeting called to consider such a resolution shall be 50% of the members entitled to attend and vote at the meeting unless the resolution proposes an amalgamation with or transfer of engagements to another industrial and provident society trading for the benefit of the community and having provisions in its rules substantially identical to Rule 6, Rule 106 and this Rule.