No trade union to be registered without provision regarding dissolution
21 No trade union to be registered without provision regarding dissolution
No trade union shall be registered under this Act unless the rules of such trade union contain provisions –
as to the manner in which the same may be dissolved;
that whenever the certificate of registration is withdrawn or cancelled by the Commissioner the real and personal property to which such trade union is beneficially entitled shall be applied – first, to the payment of all just debts and liabilities of such trade union due and owing to persons other than persons being members thereof; secondly, to the payment of all just claims of members and persons claiming any relief or other benefit from such trade union; and thereafter to some other purpose which such rules shall specify.
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