sec.57Amalgamation or withdrawal scheme

sec.57 Amalgamation or withdrawal scheme

The scheme for a proposed amalgamation must state the following— the general nature of the amalgamation, showing— the existing organisations; and if an existing organisation is the proposed amalgamated organisation—that fact; and if an association proposed to be registered as an organisation is the proposed amalgamated organisation—that fact and its name; and the organisations that are proposed to be deregistered; that all members of the proposed deregistering organisations are to become, on amalgamation, without payment of an entrance fee, members of the amalgamated organisation; if it is proposed to change an existing organisation’s name—particulars of the proposed change; if it is proposed to amend an existing organisation’s eligibility and other rules—particulars of the proposed amendments; if an association is proposed to be registered as an organisation—its eligibility and other rules; if it is proposed to change an existing organisation’s list of callings—particulars of the proposed change; the arrangements that will exist on amalgamation for the property of the proposed deregistering organisations; the arrangements that will exist on amalgamation for the liabilities of the proposed deregistering organisations. The scheme for a proposed withdrawal must state the following— the general nature of the withdrawal, showing— the amalgamated organisation; and the name and rules of the proposed newly registered organisation; that all constituent members are to become on withdrawal, without payment of an entrance fee, members of the newly registered organisation. Subsections (1) and (2) do not limit the matters stated in a scheme. (sec.57-ssec.1) The scheme for a proposed amalgamation must state the following— the general nature of the amalgamation, showing— the existing organisations; and if an existing organisation is the proposed amalgamated organisation—that fact; and if an association proposed to be registered as an organisation is the proposed amalgamated organisation—that fact and its name; and the organisations that are proposed to be deregistered; that all members of the proposed deregistering organisations are to become, on amalgamation, without payment of an entrance fee, members of the amalgamated organisation; if it is proposed to change an existing organisation’s name—particulars of the proposed change; if it is proposed to amend an existing organisation’s eligibility and other rules—particulars of the proposed amendments; if an association is proposed to be registered as an organisation—its eligibility and other rules; if it is proposed to change an existing organisation’s list of callings—particulars of the proposed change; the arrangements that will exist on amalgamation for the property of the proposed deregistering organisations; the arrangements that will exist on amalgamation for the liabilities of the proposed deregistering organisations. (sec.57-ssec.2) The scheme for a proposed withdrawal must state the following— the general nature of the withdrawal, showing— the amalgamated organisation; and the name and rules of the proposed newly registered organisation; that all constituent members are to become on withdrawal, without payment of an entrance fee, members of the newly registered organisation. (sec.57-ssec.3) Subsections (1) and (2) do not limit the matters stated in a scheme.