177UVariation or withdrawal of undertaking

#### 177U Variation or withdrawal of undertaking 177U Variation or withdrawal of undertaking > > (1) An association that enters into an undertaking may, with the written agreement of the Secretary— > > > > > (a) vary the undertaking, or > > > > > (b) withdraw the undertaking. > > > (2) Before varying or withdrawing an undertaking under subsection (1), the association must approve the variation or withdrawal by special resolution. > > > (3) The Secretary may— > > > > > (a) vary an undertaking, with the written agreement of the association, or > > > > > (b) withdraw the Secretary’s acceptance of an undertaking, by written notice served on the association. > > > (4) Before agreeing to vary an undertaking under subsection (3)(a), the association must approve the variation by special resolution. > > > (5) The provisions of an undertaking may not be varied to provide for a different subject matter. > > > (6) An undertaking ceases to have effect if— > > > > > (a) the undertaking is withdrawn by the association, or > > > > > (b) the acceptance of the undertaking is withdrawn by the Secretary. > > > (7) In this section— > > > > undertaking means an undertaking under section 177T. > > **s 177U:** Ins 2025 No 14, Sch 2\[49\].