The Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012 No. 3013

PART 3 DISSOLUTION OTHERWISE THAN UNDER THE INSOLVENCY ACT 1986

Application for dissolution

5.  An application for dissolution—

(a) must be made on the CIO’s behalf by the charity trustees or by a majority of them; and

(b) must contain—

(i) a copy of the resolution passed in accordance with the procedure prescribed in regulation 6;

(ii) a declaration, made by or on behalf of the charity trustees of the CIO, that any debts and other liabilities of the CIO have been settled or otherwise provided for in full; and

(iii) a statement, made by or on behalf of the charity trustees of the CIO, setting out the way in which any property vested in, or held on trust for, the CIO has been or is to be applied on dissolution in accordance with its constitutional directions.