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Constitution of Urabba Parks/Section 93
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= <span id="EM"></span>Relevant note from the Explanatory Memorandum = 240. Subsection (1) provides that assets of granting entities are distributed to charities nominated by the members granted in the entity, while subsection (2) provides for the appropriation of the Consolidated Revenue Fund of charity distributions of those assets. For example: :(A) if members of a granting entity hold 10% of the ordinary membership in Urabba Parks, and the entity represents 15% of the total corporate assets on winding-up, those members only receive a charity distribution on the assets in the entity representing 10% of the total assets, with the remainder of the assets being distributed to charities chosen by the other members; :(B) if members of a granting entity hold 10% of the ordinary membership in Urabba Parks, and the entity represents 5% of the total assets on winding-up, charities chosen by those members receive a distribution on all the assets in the entity and a further distribution of the from the other assets of Urabba Parks for the remaining 5% of the assets. [[Category:Urabbaparcensian constitutional law| ]]
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