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Part XIReserve Associations

119Winding-up of associations

(1)The Defence Council may make an order providing for the winding-up of an association.

(2)An order under subsection (1)—

(a)may make supplemental, incidental and transitional provision (including provision as respects the transfer of property, rights and liabilities and financial adjustments); and

(b)shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.