Part 9Amalgamations, conversions, dissolution etc
Restriction on dissolution etc
C1126Dissolution etc to occur only after society's property dealt with
1
This section applies where—
a
a registered society's engagements are transferred under section 110 or 112, or
b
a registered society is to be dissolved in accordance with section 119 or 123.
2
The society must not be dissolved, and its registration must not be cancelled, until a relevant certificate has been lodged with the FCA.
3
“Relevant certificate” means a certificate certifying that all property vested in the society has been duly conveyed or transferred by the society to the persons entitled, signed by—
a
the liquidator, or
b
the secretary or some other officer of the society approved by the FCA.