08-08-2012, 11:03 AM
Derek,
It may be helpful to look at the current rule:
14.7 A Special General Meeting may be called for the purpose of dissolving Chess Scotland following the procedure of 14.1 or 14.2 . Such a meeting would have power to determine the disposition of the assets and liabilities of Chess Scotland.
I presume the lottery want some re-assurance that when they hand over the million quid, the 600 members of Chess Scotland don't just dissolve the organisation and split it between themselves. The current rule would allow that.
It may be helpful to look at the current rule:
14.7 A Special General Meeting may be called for the purpose of dissolving Chess Scotland following the procedure of 14.1 or 14.2 . Such a meeting would have power to determine the disposition of the assets and liabilities of Chess Scotland.
I presume the lottery want some re-assurance that when they hand over the million quid, the 600 members of Chess Scotland don't just dissolve the organisation and split it between themselves. The current rule would allow that.
I get my kicks above the waistline, sunshine