Volume 109, Issue 42
Royal Gazette
8 April 2535
Section134.Upon liquidation, the property of the foundation shall be transferred to a foundation or juristic person bearing the purposes under section 110 and named in the articles of incorporation of the foundation. If no such foundation or juristic person is named in the articles of incorporation of the foundation, a public prosecutor, the liquidator, or any interested person may request a court to allocate such property to another foundation or juristic person the purposes of which appear to be closest to the purposes of the foundation.
If the foundation is dissolved by a court order according to section 131(1) or (2) or the property cannot be allocated according to paragraph 1, the property of the foundation shall devolve upon the State.
Section135.Whoever desires to inspect documents relating to a foundation which are kept by a registrar or to apply to a registrar for copies of the said document together with certification of their correctness shall file an application with the registrar, and once he has paid the fees designated by a ministerial regulation, the registrar shall fulfil his application.
Section136.The Minister of Interior shall be in charge of the execution of the provisions of this Part and shall have the power to appoint registrars and issue ministerial regulations relating to—
(1)the filing of applications for registration and the granting thereof;
(2)the fees for registration, for applying for inspection of documents, and for applying for copies of documents, and the fees for applying to a registrar for the carrying out of any activity as to a foundation, as well as the exemption of the said fees;
(3)the forms of the identity cards of the registrars and competent authorities;
(4)the operation of foundations and the registration affairs of foundations;
(5)any other matters for the fulfilment of the provisions of this Part.
Those ministerial regulations shall come into force upon their publication in the Royal Gazette.
Section137.Thing refers to a tangible object
Section138.Property includes things and intangible objects which may be of value and may be taken possession of.
