14

CAP. 332]

Trade Unions

[1989 Ed.

agreed, and take any security for the discharge of any such debt, liability or claim and give complete discharge in respect thereof;

(g) make any compromise with creditors of the trade union or persons claiming to be creditors or having or alleging themselves to have any claim, present or future, certain or contingent, ascertained or sounding only in damages, against the trade union or whereby the trade union may be rendered liable; and

(h) prepare a scheme of distribution of the assets of the trade union available for distribution and, subject to the approval of the same

by the Registrar, distribute the assets accordingly.

(2) The exercise by the liquidator of any of the powers conferred by this section shall be subject to the control of the Registrar, and any creditor or member of the trade union may apply to the Registrar with respect to any exercise or proposed exercise of any of those powers.

(3) Without prejudice to the generality of subsection (2), the Registrar may

(a) rescind or vary any order made by a liquidator or substitute

therefor a new order;

(b) remove a liquidator from office;

(c) make an order upon the assets of the trade union for the

remuneration of any liquidator;

(d) call for and inspect the books, documents or assets of a trade

union;

(e) by order in writing limit or restrict the powers of a liquidator;

(f) at any time require accounts to be rendered to him by a

liquidator;

(g) refer any subject of dispute between a liquidator and any third party to arbitration, subject to the consent in writing of such third party;

(h) summon such meetings of the members of the trade union as may appear to him convenient for the purpose of winding up the affairs of the trade union.

(4) A liquidator appointed under section 14 or the Registrar shall, in so far as such powers are necessary for the carrying out of the purposes of this section, have power to summon and enforce the attendance of parties and witnesses and to compel the production of documents by the same means and (so far as may be) in the same manner as is provided in the case of a magistrate.

16. Closure of liquidation on appointment

of liquidator by Registrar

Where a liquidator has been appointed under section 14 for the liquidation of a registered trade union the registration of which has been cancelled, then, notwithstanding anything contained in the rules of the trade union

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