LawgistThe Religious Societies Act
7Upon a dissolution no member to receive profit
If upon the dissolution of any such body there remains, after the satisfaction of all its debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of such body or any of them, but shall be given to some other body of persons associated for the purpose of maintaining religious worship or some other religious or charitable purpose to be determined by the votes of not less than three-fifths of the members present at a meeting convened in this behalf, or in default thereof by such court as last aforesaid.
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All sections
- 1 Short title
- 2 Appointment of new trustee in cases not otherwise provided for
- 3 Appointment under section 2 to be recorded in a memorandum under the hand of the chairman of the meeting
- 4 Property to vest in new trustees without conveyance
- 5 Saving of existing modes of appointment and conveyance
- 6 Provision for dissolution of societies and adjustment of their affairs
- 7 Upon a dissolution no member to receive profit
- 8 Saving of certain provisions of instruments
- 9 Questions may be submitted to High Court
