Trade Union Act, 1926
27. Dissolution
(1) When a registered trade union is dissolved, notice of the
dissolution signed by seven members and by the Secretary of the trade union
shall, within fourteen days of the dissolution be sent to the Registrar, and
shall be registered by him if he is satisfied that the dissolution has been
effected in accordance with the rules of the trade union, and the dissolution
shall have effect from the date of such registration.
(2) Where the dissolution of a registered trade union has been
registered and the rules of the trade union do not provide for the distribution
of funds of the trade union on dissolution, the Registrar shall divide the funds,
amongst the members in such manner as may be prescribed.