Victorian Consolidated Legislation

Scout Association Act 1932 - SECT 12

Winding-up of Corporation

12. Winding-up of Corporation



(1) The Corporation may at any time submit to the Governor in Council a scheme
for the winding-up of the Corporation, sealed with the common seal of the
Corporation.

(2) Where a scheme is submitted to the Governor in Council under subsection
(1), the Governor in Council if he is satisfied that the scheme makes proper
provision for-

   (a)  the discharge of the debts and liabilities of the Corporation or
        incurred in relation to the Corporation;

   (b)  the disposal of the assets held by or on behalf of the Corporation
        that may remain after discharge of the debts and liabilities mentioned
        in paragraph (a), not being assets to which paragraph (c) applies;

   (c)  the transfer to a person or body of persons as trustee or trustees of
        any property held by the Corporation on trust;

   (d)  the dissolution of the Corporation;

   (e)  contracts, legal proceedings and other matters to which the
        Corporation is a party or in which the Corporation has an interest;
        and

   (f)  such other matters as the Governor in Council thinks ought to be
        provided for in relation to the winding-up of the Corporation-

may by order published in the Government Gazette approve and give effect to
the scheme.

(3) An order under subsection (2)-

   (a)  shall set out a scheme approved by the order;

   (b)  may contain such other provisions as the Governor in Council thinks
        necessary or proper in relation to the dissolution of the Corporation
        and the dissolution or government of the Branch; and

   (c)  shall have effect according to its tenor and notwithstanding anything
        to the contrary in this Act.

(4) The Governor in Council on the application in writing by the Corporation
under the Corporation's common seal may by order published in the Government
Gazette amend or vary an order under subsection (2).

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