Section 5 in The Indian Red Cross Society (Bengal Branch) Act, 1920
5. Dissolution and transfer of property of Lady Carmichael's Bengal Women's War Fund and "Our Day" Fund (Bengal Branch).
- Upon the appointment of the Managing Body, -(a)the Committees of the Lady Carmichael's Bengal Women's War Fund and "Our Day" Fund (Bengal Branch), shall be dissolved;(b)all property, movable or immovable, of, or belonging to the said Funds or held in trust for them, shall vest in the Society, and be applied by the Managing Body of the Society to the objects and purposes hereinafter set out; and(c)all the debts and liabilities of the said Funds shall be transferred to the Society and shall thereafter be discharged and satisfied by it out of the aforesaid property, and each and every member of the Committee of the said Funds shall be wholly discharged therefrom.
