Request to Dissolve a Charitable Trust Board
This file provides a formal request to dissolve a charitable trust board that is no longer operational. It outlines the necessary conditions that must be met for dissolution. Understanding this file will aid trustees and board members in ensuring compliance with the Charitable Trusts Act 1957.
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How do I fill this out?
To fill out this form, begin by ensuring that your board meets all eligibility conditions for dissolution. Provide all necessary details about the charitable trust board accurately. Finally, submit the completed form along with any required attachments to the Registrar.
How to fill out the Request to Dissolve a Charitable Trust Board?
1
Verify that the board is no longer operating.
2
Ensure there are no pending liabilities or debts.
3
Confirm all surplus assets have been disposed of.
4
Attach a copy of the board resolution for dissolution.
5
Submit the completed form to the appropriate authority.
Who needs the Request to Dissolve a Charitable Trust Board?
1
Trustees of a charitable trust board who need to formally dissolve due to inactivity.
2
Members of a charitable trust looking to close their organization.
3
Legal representatives of a trust board overseeing the dissolution process.
4
Accountants managing the trust's financial affairs during dissolution.
5
Individuals seeking to ensure compliance with the Charitable Trusts Act 1957.
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What are the instructions for submitting this form?
Submit this completed dissolution request form to the Companies Office at the following address: Private Bag 92061, Victoria Street West, Auckland 1142. You can also email your request to compliance@companiesoffice.govt.nz for faster processing. Make sure to keep a copy of the submitted form for your records and follow up if you do not receive a confirmation.
What are the important dates for this form in 2024 and 2025?
Important dates for this form include submission deadlines that align with the annual review of charitable trusts. Make sure to check for any updates as they are released by the Companies Office. Keep track of any changes regarding laws that may affect the dissolution process in 2024 and 2025.
What is the purpose of this form?
The purpose of this form is to provide a structured way for charitable trust boards to officially request dissolution when they are no longer operational. It outlines the necessary conditions that must be met for the process to proceed legally. By filling out this form, board members can ensure compliance with relevant legislation and avoid potential legal complications.
Tell me about this form and its components and fields line-by-line.
- 1. Name of charitable trust board: The official name of the trust board that is requesting dissolution.
- 2. Trust board number or NZBN: The unique identifier assigned to the trust board.
- 3. Authorised person declaration: Confirmation by an authorized person to request the dissolution.
- 4. Conditions for dissolution: Various conditions that must be affirmed to qualify for dissolution.
- 5. Signature: A designated space for the authorizing person's signature.
- 6. Presenter details: Contact information of the authorized individual completing the form.
What happens if I fail to submit this form?
Failing to submit this form can lead to unresolved liabilities and ongoing obligations for the charitable trust board. Without proper dissolution, the board may be subject to continued regulatory scrutiny. It's crucial to follow through with this process to ensure compliance and proper closure.
- Ongoing Legal Obligations: The board may still be held accountable for any outstanding debts or liabilities.
- Regulatory Consequences: The board could face fines or penalties for non-compliance with the Charitable Trusts Act.
- Uninformed Trustees: Trustees may not be aware of their responsibilities if the dissolution is not formally recorded.
How do I know when to use this form?
- 1. End of Operations: When the charitable trust board has officially stopped all operations.
- 2. Asset Distribution Complete: Once all assets have been appropriately allocated according to the board's rules.
- 3. No Pending Liabilities: When the trust board has no remaining debts or liabilities.
- 4. Resolved Legal Issues: If there are no ongoing legal proceedings against the board.
- 5. Compliance Requirement: To fulfill legal requirements under the Charitable Trusts Act.
Frequently Asked Questions
What do I need to fill out this form?
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