Benevolent Society (Reconstitution) Act 1998
4Dissolution of former body
Start here
Get a plain-English read of 4
Turn the raw legal text into a practical explanation grounded in Benevolent Society (Reconstitution) Act 1998.
4 Dissolution of former body
4 Dissolution of former body
(1) The former body is dissolved:
(a) on the commencement of this section, or
(b) immediately after the conclusion of a general meeting of members of the former body at which final accounts of the former body are approved and the former body is declared to be dissolved,
whichever is the later.
(2) On dissolution of the former body:
(a) the Company is taken to be a continuation of, and the same legal entity as, the former body, and
(b) a reference in any Act, in any instrument made under any Act, or in any document of any kind, to the former body is taken to include a reference to the Company, and
(c) the board of directors of the former body is dissolved, and the directors and office holders of the former body cease to hold their respective offices as such.