18. VOLUNTARY DISSOLUTION OF THE ORGANIZATION
Dissolution of the NCF shall only be possible by decision of the General Assembly. For this purpose, a written request stating the reasons for such dissolution shall be handed over to the President, after discussion of the request with the Executive will then put the request on the agenda of the next General Assembly. In order for the dissolution to become valid, a three-quarters majority of all votes cast is required but still with the final approval by the President before it becomes valid.
In the event of such dissolution of the NCF and provided the NCF still holds assets, and having covered any liabilities, the General Assembly under the competence of the President shall transfer the remaining assets to SRHD Sports Management Ltd. These assets shall, if possible and permitted, be transferred to an organization that made it possible for the existence of the Federation (SRHD Sports Management Ltd.) having the same or similar interests compared to the NCF.
