44. If any club neglect, for two years, to comply with the requirements of this Act, the Minister of Agriculture, Fisheries and Food may declare it dissolved, realize its property and employ the proceeds in paying the debts of such club, and use the surplus of the assets over the liabilities for encouraging agricultural institutions, and for promoting the general interests of agriculture in the regional municipal territory in which such club existed.
Where a club is dissolved by the Minister, he shall draw up an act of dissolution and send it to the Inspector General, who shall deposit it in the register.
R. S. 1964, c. 113, s. 44; 1973, c. 22, s. 22; 1979, c. 77, s. 21; 1993, c. 48, s. 195; 1996, c. 2, s. 110.