Article 42 - Power of the QFC Court to Order Amendment to the Constitution
(1) The QFC Court may order the amendment of the Constitution if the Court is satisfied —
(A) that the change will assist the Foundation to administer its assets or to attain its objects; or
(B) that those objects are no longer attainable and that the change will assist the Foundation to attain objects as near as reasonably possible to those objects.
(2) Without limiting subsection (1), the QFC Court may make an order under subsection (1) in the event that a Foundation does not have a valid Constitution or that the terms of its Constitution cannot be readily ascertained or are otherwise incomplete.
|Derived (as from 22nd September 2016).|