Public Service Commission Act, 1997
R 385
Fund-raising Act, 1978 (Act No. 107 of 1978)Chapter 1 : Collection of Contributions by Fund-raising Organizations, other Organizations and Persons14. Dissolution of fund-raising organization and registered branch |
| (1) | If a fund-raising organization or registered branch discontinues its activities or if an authority or registration certificate granted to it has been withdrawn or has lapsed and the management thereof is not or cannot be so constituted in accordance with its constitution that the fund-raising organization or registered branch may be dissolved, the Director may dissolve such fund-raising organization or registered branch, and for this purpose the Director shall have all the powers of such management and shall in accordance with the constitution of such fund-raising organization or registered branch dispose of the assets of such fund-raising organization or registered branch. |
| (2) | If such disposal of the assets of the fund-raising organization concerned is not practicable, the Director shall dispose thereof in such manner as the Minister may determine. |
