58
CurrentAlternative schemes for amalgamation
58 Alternative schemes for amalgamation
(1)
A scheme for a proposed amalgamation of 3 or more existing organisations may have 1 or more alternative schemes for an alternative amalgamation of 2 or more of the existing organisations.
(2)
Each alternative scheme must be approved by each existing organisation the alternative amalgamation is about.
(3)
Each alternative scheme must show details of the differences between—
(a)
the proposed amalgamation and each proposed alternative amalgamation; and
(b)
a proposed organisation’s rules, and proposed amendments to the existing organisations’ rules, under—
(i)
the proposed amalgamation; and
(ii)
each proposed alternative amalgamation.
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