12. Poperty remaining on dissolution

If upon dissolution of the Corporation there remains after the satisfaction of all its debts and liabilities. any, property whatsoever, such property shall not be distributed among the members of the Corporation but shall be given or transferred to some other association-or associations having objects similar to the objects of the Corporation, and which is or are by the rules thereof prohibited from distributing any income or profit among its or their members. Such association or associations shall be determined by the members of the

Corporation at, or immediately tefore, the time of dissolution of the Corporation.

Our Kids Organization (Incorporation)

Act, No. 23 of 2008