Article 24

DISSOLUTION

24.1   The Association shall not be dissolved except by a resolution passed at a General Meeting of the Association duly convened for that purpose, by not less than three-fifths (3/5) of the voting members of the Association representing not less than three-fifths (3/5) of the sectors.

24.2   In the event the Association is dissolved as provided above, all debts and liabilities legally incurred on behalf of the Association shall be fully discharged and the remaining funds will be donated to an approved charity or charities in Singapore which is or are registered under the Charities Act as the General Meeting of members may determine.  (Amended, 3rd AGM, March 6, 2003)

24.3   A Certificate of Dissolution shall be given within seven (7) days of the dissolution to the Registrar of Societies and the Commissioner of Charities.  (Amended, 3rd AGM, March 6, 2003)

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