ANTIGUA. |

Societies may
unite with
others, or one
society may
transfer its
engagements
to another.

Determination
of disputes
by arbitration.

10 Building Societies. No. of 1955.

(d) the intended appropriation or divi-
sion of the funds and property of the society ;

(e) the names of one or more persons
to be appointed trustees for the special pur-
pose, and their remuneration.

(3) Alterations inan instrument of dissolution
may be made with the like consent, testified in the
same manner as in the original instrument.

(4) Every instrument of dissolution and all
alterations therein shall be registered in the man-
ner provided for the registration of rules and shall
be binding on all members of the society.

(5) Notice of the commencement and ter-
mination of every dissolution or winding up shall
be sent to the Registrar and registered by him.

21. Two or more societies may unite and
become one society, with or without any dissolu-
tion or division of the funds of such societies or
either of them, or a society may transfer its
engagements to any other such society upon such
terms as shall be agreed upon by three-fourths of
the members (holding not less than two-thirds of
the whole number of shares) of each of such
societies respectively present at general meetings
convened for the purpose. Notice of every such
union or trausfer shall be sent to the Registrar and
registered by him.

22. Where the rules of a society direct
disputes to be referred to arbitration the following
provisions shall apply :—

(a) the arbitrators shall be named and
elected in the manner provided by the rules
or, if there be no such provision, at the first
general meeting of the society;

(6) none of the arbitrators shall be
persons who -are beneficially interested,
directly or indirectly, in the ‘funds of the
society ;

(c) not less than three arbitrators shall
be chosen by ballot in each case of dispute,
the number of arbitrators and the mode of