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Commonhold and Leasehold Reform Act 2002

Termination: voluntary winding-up

Section 44: 100 per cent agreement

97.Section 44 provides that the liquidator of a commonhold association shall make an application for termination within six months of the association’s having achieved a 100% vote in favour of winding–up and termination-statement resolutions from the members. Should the liquidator fail to do so, the application may be made by a unit-holder or some other prescribed person.

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