Charitable Trusts Act 1957

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27 Distribution of surplus assets

On the liquidation of a board or on its dissolution by the Registrar, all surplus assets after the payment of all costs, debts, and liabilities shall be disposed of as the court directs.

Section 27: replaced, on 1 July 1994, by section 3 of the Charitable Trusts Amendment Act 1993 (1993 No 112).