Dissolution of Unincorporated Association - Distribution of Surplus Assets - Contractual Entitlement
4 important questions on Dissolution of Unincorporated Association - Distribution of Surplus Assets - Contractual Entitlement
Advantage of Contract Holding Theory
Re Horley Town Football Club [2006]
Hanchett-Stamford v Attorney General [2008]
Held: Since one of the association's purposes was to seek a change in law, its purposes were not exclusively charitable and so the surplus funds could not apply cy-pres.
Held: The association was held to have dissolved on the death of the member. The assets available for the association's purposes belonged to the members beneficially subject to their contractual rights.
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Difference between when association is functioning and that is dissolved
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