Club Affiliations
Wrekin College
The Old Hall School
Wrekin College Triathlon Club
| Club Constitution - 17. Dissolution |
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| Club Documents | |
| Written by Stewart Carline | |
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Page 18 of 19
17. Dissolution17.1 A resolution to dissolve the Club shall only be proposed at a General Meeting and shall be carried by a majority of at least three- quarters of the members present and entitled to vote. A specific date for the dissolution shall be included in the resolution. 17.2 The dissolution shall take effect from the date specified in the resolution and the members of the Committee shall be responsible for the winding-up of the assets and liabilities of the Club. 17.3 Any property remaining after the discharge of the debts and liabilities of the Club shall be given to a charity or charities (or other non-profit making organisation having objects similar to those of the Club for the furtherance of such objects) nominated by the last Committee. (see Guidance Notes ref Taxation). * OR * 17.3 Any property remaining after the discharge of the debts and liabilities of the Club shall be divided [equally] * OR * [rateably in proportion to the amount each member has paid in subscriptions] among the members of the Club at the date of dissolution.
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