OpenLegislation

Section 119 Winding-up of associations.

(1)

The Defence Council may make an order providing for the winding-up of an association.

(2)

An order under subsection (1)—

(a)

may make supplemental, incidental and transitional provision (including provision as respects the transfer of property, rights and liabilities and financial adjustments); and

(b)

shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.