21No trade union to be registered without provision regarding dissolution

21 No trade union to be registered without provision regarding dissolution

*[Section 21 Amended by 25 Geo. V No. 78 ]**[Section 21 Amended by No. 16 of 1985, s. 6 and Sched. 1 ]*No trade union shall be registered under this Act unless the rules of such trade union contain provisions –

(a) as to the manner in which the same may be dissolved;

(b) that whenever the certificate of registration is withdrawn or cancelled by the Commissioner the real and personal property to which such trade union is beneficially entitled shall be applied – first, to the payment of all just debts and liabilities of such trade union due and owing to persons other than persons being members thereof; secondly, to the payment of all just claims of members and persons claiming any relief or other benefit from such trade union; and thereafter to some other purpose which such rules shall specify.