# Edinburgh Merchant Company Order Confirmation 1996, Paragraph 64: Distribution of widows' fund


The trustees may distribute the remainder of the widows' fund (after deducting outstanding expenses and liabilities of whatever kind) among the contributors for the time being pro rata to the level of their contributions, or in some such other equitable manner as shall be decided at his sole discretion by the actuary:
Provided that such distribution has been sanctioned by a resolution passed by at least two-thirds of the contributors present and voting at a general meeting or special general meeting of the contributors.

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Source: https://www.legislation.gov.uk/ukla/1996/11/schedule/paragraph/64 (the official version)
Page: https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule/paragraph-64
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.