- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (Fel y'i Deddfwyd)
Charities and Trustee Investment (Scotland) Act 2005, Section 60 is up to date with all changes known to be in force on or before 16 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
(1)If OSCR grants an application for amalgamation, it must—
(a)enter the new SCIO in the Register, and
(b)remove from the Register the entries for the old SCIOs.
(2)On the new SCIO being entered in the Register it becomes by virtue of this section a body corporate—
(a)whose constitution is that proposed in the application for amalgamation,
(b)whose name is that specified in the constitution, and
(c)whose first members are the members of the old SCIOs immediately before the new SCIO was entered in the Register.
(3)On the removal of the old SCIOs from the Register—
(a)all the property, rights and liabilities of each of the old SCIOs become by virtue of this subsection the property, rights and liabilities of the new SCIO, and
(b)each of the old SCIOs is dissolved.
(4)The entry for the new SCIO in the Register must include—
(a)a note stating that it is constituted as a SCIO,
(b)the date on which it became so constituted, and
(c)a note that it was constituted following amalgamation, and of the name of each of the old SCIOs.
(5)OSCR must send a copy of the entry in the Register to the new SCIO at its principal office.
Commencement Information
I1S. 60 in force at 1.1.2012 by S.S.I. 2011/20, art. 2(4)(e)
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