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Resolution
RESOLVED that should the Peninsula
Lacrosse Association, which received charitable gaming funds
from licensed charitable gaming and/or direct charitable access,
at any time dissolve or cease to exist, have any and all gaming
monies or assets purchased with gaming funds held at the date of
dissolution or cessation of existence these/they shall be
distributed by the Peninsula Lacrosse Association to
- a
registered charity or registered charities in British
Columbia, as defined in the Income Tax Act (Canada),
as may be determined by the members of the Society at the
time of winding up or dissolution.
OR
- such charitable organization or
organizations in British Columbia having a similar
charitable purpose.
RESOLVED FURTHER that the foregoing
shall not be altered or amended and shall continue to be binding
on the Peninsula Lacrosse Association.
RESOLVED FURTHER that the Peninsula
Lacrosse Association will provide its undertaking, by delivery
of a copy of this resolution to the BC Gaming Commission, that
it will abide by the limits on the application of its assets on
dissolution as provided herein.
CERTIIED to be a true and correct copy
of a resolution unanimously passed by the Board of Directors of
the Peninsula Lacrosse Association at a meeting held on July 11,
2001. |