32. Dissolution of registered organisations
Feedback & supportA registered organisation may terminate or be dissolved in any of the following ways:
registered organisation
“registered organisation” means any organisation for the time being registered under this Act;
upon the happening of any event declared by the rules to amount to termination of the organisation;
organisation
“mutual benefit organisation” or “organisation” means any organisation which by its objects and rules either as the principal object or as an ancillary object makes provision by voluntary subscriptions of the members thereof or subscribers thereto with or without the aid of donations for —(a)the relief or maintenance of the members or subscribers, their husbands, wives, children, fathers, mothers, brothers, sisters, nephews, nieces or wards, during sickness or other infirmity, whether bodily or mental, in old age or in widowhood or for the relief or maintenance of the orphan children of members or subscribers during minority;(b)the payment of money on the birth of a member’s or subscriber’s child or on the death of a member or subscriber or of the child, husband, wife, parent or grandparent of a member or subscriber or on the death of any other person or for the funeral expenses of the member or subscriber or of the child, husband or wife of a member or subscriber or of the widow of a deceased member or subscriber; or(c)the relief or maintenance of the members or subscribers when unemployed or when in distressed circumstances;
by the consent of three-fourths of the members of the organisation testified by their signatures to an instrument of dissolution; (c)by the Registrar in the cases specified in this Act.
Registrar
“Registrar” means the officer appointed as Registrar of Mutual Benefit Organisations and includes an Assistant Registrar of Mutual Benefit Organisations;