Document Actions
Dissolution
The Charitable Trusts Act 1957 provides for a board to be dissolved if it is no longer carrying on its operations.
A Board considering dissolution should ensure its remaining trust property is used for the charitable purpose, as it should not be dissolved while any property remains in its name. If this does occur, the High Court will direct how such remaining assets should be distributed. Rather than having to make such application, it may be preferable to apply to the Registrar to have the dissolution revoked.
- How long does it take?
- The Companies Office endeavours to process your request on the day it is received however, the Registrar must give public notice and so it may be up to three weeks before dissolution can take place.
- Is there a form you can use?
-
You can complete Form CT5 - Request to dissolve a charitable trust board then send your completed form to the Registrar. The address is on the form.
-
Revoking a dissolution
After the dissolution, the Registrar can revoke the dissolution if he is satisfied that the trust is still operating. Please note that there is no fee for making such a request.
Read more about restoring a charitable trust to the Register.
