Part II Incorporated Friendly Societies

Dissolution and winding up

19 Modes of dissolution and winding up.

1

An incorporated friendly society—

a

may be dissolved by consent of the members; or

b

may be wound up voluntarily or by the court,

in accordance with this Part of this Act; and an incorporated friendly society may not, except where it is dissolved by virtue of section 85(4), 86(5) or 90(9) below, be dissolved or wound up in any other manner.

2

An incorporated friendly society which is in the course of dissolution by consent, or is being wound up voluntarily, may be wound up by the court.