Instrument of dissolution
33.  Where a registered organisation is terminated by an instrument of dissolution —
(a)the instrument shall set forth —
(i)the liabilities and assets of the registered organisation in detail;
(ii)the number of members and subscribers and the nature of their interests in the organisation;
(iii)the intended appropriation or division of the funds and property of the organisation, unless the appropriation or division is stated in the instrument of dissolution to be left to the award of the Registrar;
(b)a statutory declaration made by one of the trustees or by 3 members and the secretary of the organisation that the provisions of this Act have been complied with shall be sent to the Registrar with the instrument of dissolution;
(c)the instrument shall not direct or contain any provision for a division or appropriation of the funds of the organisation or any part thereof, otherwise than for the purpose of carrying into effect the objects of the organisation as declared in the rules thereof, unless the claim of every member or person claiming any relief, annuity or other benefit from the funds thereof is first duly satisfied or adequate provision is made for satisfying those claims;
(d)the instrument of dissolution shall be registered in the manner provided in this Act for the registration of amendments of rules, and shall be binding upon all members of the organisation; and
(e)the Registrar shall cause a notification of the dissolution to be published in the Gazette and unless within 3 months from the date of the publication of the notification, a member or subscriber or other person interested in or having any claim on the funds of the organisation commences proceedings to set aside the dissolution of the organisation, and the dissolution is set aside accordingly, the organisation shall be dissolved from the date of the publication of the notification in the Gazette and the requisite consents in the instrument of dissolution shall be considered to have been duly obtained without proof of the signatures thereto.
[30