Commentary on the Sections: Part 1 Termination: voluntary winding-up Section 44: 100 per cent agreement
97.Section 44 provides that the liquidator of a commonhold association shall make an application for termination within six months of the association’s having achieved a 100% vote in favour of winding–up and termination-statement resolutions from the members. Should the liquidator fail to do so, the application may be made by a unit-holder or some other prescribed person.