Cap. 630 чл. 9Dissolution and winding up.

On dissolution and winding up of a social enterprise organisation made in accordance with the law applicable to its legal form, any assets after the payment of all liabilities shall be paid out:

(a) to another social enterprise organisation expressly identified in the statute having similar purposes as the social enterprise organisation being dissolved; or

(b) to a social enterprise organisation identified by the members in a decision supported by at least seventy-five per cent of all the members and at least a majority of the administrators present at a meeting of administrators; or

(c) in the case of any obstacle which cannot be overcome in the manner stated above, to a social enterprise organisation identified by the Civil Court in its voluntary jurisdiction following an application made by any administrators of the social enterprise organization being dissolved; or

(d) in any other manner as may be prescribed:

Provided that in case any profits have been capitalised and not distributed as permitted under this Act to the holders of shares or interests in a social enterprise organisation, the organisation may distribute such capitalised profits to the holders of the shares or interests limitedly up to an amount which does not exceed twenty five per cent of the capitalised profits being an amount which is calculated after the organisation has settled all its liabilities and made adequate provisions for any losses.