(1) If an incorporated
association has passed the special resolutions referred to in section 129(b),
the association must apply in the approved form to the Commissioner for
approval of the distribution plan; and
cancellation of incorporation.
Penalty: a fine of $1 000.
(2) The application
out the terms of —
the special resolutions; and
the resolution referred to in section 129(a);
accompanied by a copy of the distribution plan approved by the incorporated
contain a statement signed by a member of the management committee of the
association that the special resolutions were passed in accordance with this
(3) The incorporated
association must also provide the Commissioner with such further information
and documents as the Commissioner may in writing request.
(4) The application
must be lodged within 28 days after the passing of the special resolutions or
within such longer period as the Commissioner may allow.