Paragraph 88
Before submitting a substitutional Scheme or amendment of this Scheme to the Minister, the Board shall publish the proposed Scheme or amendment by serving notice thereof on every registered producer.
A poll on the question whether or not a substitutional Scheme or an amendment of this Scheme shall be submitted to the Minister may, within one month from the publication thereof, be demanded in writing by any five hundred registered producers, and a poll on the question whether or not this Scheme is to be revoked may be demanded at any time in the said manner by any five hundred registered producers; but no poll on the question whether or not this Scheme is to be revoked shall, without the consent of the Board, be taken within two years from the date of the declaration of the result of the initial poll or within two years from the date of the declaration of the result of any previous poll on that question.
Part IX of the Companies Act, 1948 (which relates to the winding up of unregistered companies), shall apply in relation to the Board subject to the modifications set out in paragraphs 4 to 8 inclusive of the Second Schedule to the Act of 1931.
In the event of the winding up of the Board, the contributions under paragraph 7 of the Second Schedule to the Act of 1931, in the case of each person liable to contribute, shall be assessed proportionately to the quantity of wool which each contributor sold through the Board during the relevant period as defined in paragraph 8 of the Second Schedule to the Act of 1931 and shall not exceed one halfpenny per lb. of such wool.