ASSOCIATIONS INCORPORATION ACT 1985 - SECT 45

ASSOCIATIONS INCORPORATION ACT 1985 - SECT 45

45—Outstanding property of former association

        (2)         Any estate or interest in outstanding property of an association that is dissolved under this Act vests in the Commission.

        (3)         In this section—

"outstanding property", in relation to an association, means any property, whether within or outside the State, which was vested in the association, to which the association was entitled, or over which the association had a disposing power, at the time that the association was dissolved but which was not got in, realised upon or otherwise disposed of or dealt with at that time.