31. TERMINATION OR DISSOLUTION

31.1 The Scheme may be dissolved by order of a competent court or by voluntary dissolution;

31.2 Members in general meeting may decide that the Scheme must be dissolved, in which event the Board must arrange for Members to decide by ballot whether the Scheme must be liquidated. Unless the majority of Members decide that the Scheme must continue, the Scheme must be liquidated in terms of Section 64 of the Act;

31.3 Pursuant to a decision by Members taken in terms of rule 31.2 the Principal Officer must, in consultation with the Registrar, dispatch to every Member a memorandum containing the reasons for the proposed dissolution and setting forth the proposed basis of distribution of the assets in the event of winding up, together with a ballot paper; and

31.4 Every Member must be requested to return his ballot paper duly completed before a set date. If at least fifty (50) per cent of the Members return their ballot papers duly completed and if the majority thereof is in favour of the dissolution of the Scheme, the Board must ensure compliance therewith and appoint, in consultation with the Registrar, a competent person as liquidator.

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32. AMALGAMATION AND TRANSFER OF BUSINESS

32.1 The Scheme may, subject to the provisions of section 63 of the Act, amalgamate with, transfer its assets and liabilities to, or take transfer of assets and liabilities of any other Medical Scheme or person, in which event the Board must arrange for Members to decide by ballot whether the proposed amalgamation should proceed or not;

32.2 If at least fifty (50) per cent of the Members return their ballot papers duly completed and if the majority thereof is in favour of the amalgamation or transfer then, subject to section 63 of the Act, the amalgamation or transfer may be concluded.

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33. RIGHT TO OBTAIN DOCUMENTS AND INSPECTION OF DOCUMENTS

33.1 Any Beneficiary must on request be supplied by the Scheme with a copy of the following documents free of charge:

33.1.1 the rules of the Scheme;
33.1.2 the latest audited annual financial statements, returns, Trustees reports, Auditors report and annual report of the Scheme; and
33.1.3 the management accounts in respect of the Scheme and all of its benefit options;

33.2 A Beneficiary is entitled to inspect free of charge at the registered office of the Scheme any document referred to in rule 33.1 and to make extracts therefrom.

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34. AMENDMENT OF RULES

34.1 The Board is entitled to alter or rescind any rule or annexure or to make any additional rule or annexure;

34.2 No alteration, rescission or addition which affects the objects of the Scheme or which increases the rates of Contribution or decreases the extent of benefits of the Scheme or of any particular benefit option by more than twenty-five (25) percent during any financial year, is valid unless it has been approved by a majority of Members present in a general meeting or a special meeting or ballot;

34.3 Members must be furnished with a copy of such amendment within fourteen (14) days after registration thereof. Should a Member’s rights, obligations, Contributions or benefits be amended, such Member shall be given thirty (30) days advance notice of such change; and

34.4 The Board must, on request and to the satisfaction of the Registrar, amend any rule that is inconsistent with the provisions of the Act.