Gas Regulator Levies Act, 2002
R 385
Societies for the Prevention of Cruelty to Animals Act, 1993 (Act No. 169 of 1993)12. Dissolution of society |
(1) | If the registration of a society is cancelled or a society is for any reason wound up or dissolved or unable to carry on its activities or to achieve its objects, or for any reason any irresolvable deadlock develops in its controlling body, the board may in its discretion— |
(a) | constitute and register another society or designate any other existing society or organization to take over the functions of, and, in particular, to serve the territory and community formerly served by, that society; and |
(b) | transfer to, and vest in, the other society or organization referred to in paragraph (a) all the assets, liabilities, rights and duties of that society or burden it therewith, without the rights of third parties being prejudiced thereby; or |
(c) | assume control of that society by the appointment of representatives of the board as directors, committee members, employees or other officers of such society until the board has taken steps in terms of paragraph (a). |
(2) | If the board has not taken any steps in terms of subsection (1 )(a) within six months after becoming entitled to do so, or if during such period such society has not resolved the deadlock in question or overcome its inability to perform its functions or achieve its objects, such society shall be wound up in accordance with its memorandum, articles of association, constitution or other founding deed, or any other applicable law, whichever may be applicable. |