Saskatchewan Choral Federation
 
 

Winding Up

1.   Subject to Division XVI (Division XVI not XVII) of The Non-Profit Corporation Act, in the event of dissolution of the Federation, its property and assets shall, after payment of all debts and liabilities, be donated to one or more recognized charitable organizations in Canada as may be decided by the Federation in a general meeting.

2.   In accordance with provisions of The Income Tax Act for the dissolution of a registered charity, the donee(s) must be recognized by the Canadian Revenue Agency as a 'qualified donee' under The Income Tax Act.