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Blue & Gold Trust Official Website

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.




Article Index

Powers
Application of Profits
Membership
Shares
Removal of Members
Organisation
Rights and Powers of Members
Duties & Powers of Board
Chief Exec. & Executive Board
Secretary
General Meetings
Postal Ballots
Constitution of Board
Board Meetings
Committees
Constitution of Executive Board
Financial Audit
Performance Audit
Annual Returns
Amendment to Rules
Changes
Investment and Borrowing
Dissolution
Indemnity
Miscellaneous
Disputes