Rheoliadau Cwmnïau RTM (Erthyglau Enghreifftiol) (Cymru) 2011

Ceasing to be a member

27.—( 1) Membership of the company is not transferable.

(2) A member who at any time fails to satisfy the requirements for membership set out in article 26 ceases to be a member of the company with immediate effect.

(3) If a member (or joint member) dies or becomes bankrupt, that member’s personal representatives or trustee in bankruptcy will be entitled to be registered as a member (or joint member as the case may be) upon application to the company.

(4) A member may withdraw from the company and thereby cease to be a member by giving at least seven clear days' notice in writing to the company. Any such notice is not effective if given in the period beginning with the date on which the company gives notice of its claim to acquire the right to manage the Premises and ending with the date which is either—

(a) the acquisition date in accordance with section 90 of the 2002 Act; or

(b) the date of withdrawal or deemed withdrawal of that notice in accordance with sections 86 or 87 of that Act.

(5) If, for any reason—

(a) a person who is not a member of the company becomes a qualifying tenant or landlord jointly with persons who are members of the company, but fails to apply for membership within 28 days, or

(b) a member who is a qualifying tenant or landlord jointly with such persons dies or becomes bankrupt and that member’s personal representatives or trustee in bankruptcy do not apply for membership within 56 days, or

(c) a member who is a qualifying tenant or landlord jointly with such persons resigns from membership pursuant to article 27(3),

those persons, unless they are otherwise entitled to be members of the company by reason of their interest in some other flat or lease, also cease to be members of the company with immediate effect. All such persons are, however, entitled to re-apply for membership in accordance with article 26.