(a) The Perth Bowling and Recreation Club (Incorporated) (in this Act called }the Club~) was incorporated under the Associations Incorporation Act 1895 on the Twenty-fourth day of October, 1899;
(b) The Western Australian Tattersall's Club (in this Act called }the Company~) was incorporated under the Companies Act 1893 on the 7th day of July, 1903 and was registered pursuant to section 29 of the Companies Act 1943 as a company with limited liability, without the addition of the word }Limited~ to its name, on the 12th day of November, 1948;
(c) Under the Rules of the Club and the memorandum and articles of association of the Company, neither body is empowered to effect a dissolution whereby its assets are distributed to another body with similar aims and objects, as now proposed;
(d) at the Annual General Meeting of the Company held on the 27th November, 1978, it was resolved that steps be taken to amalgamate the Company with the Club;
(e) at a Special General Meeting of the Club held on the 6th December, 1978, it was resolved that the proposed amalgamation with the Company be approved;
(f) it has been agreed by the Club and by the Company that in order to effect the desired amalgamation of the said two bodies, steps be taken to dissolve both bodies and to form a new association, to be incorporated under the Associations Incorporation Act 1895, by the name of the Perth and Tattersall's Bowling and Recreation Club (Inc.) (in this Act called }the Association~) wherein the assets of the Club and of the Company shall be vested and the membership of both bodies shall be merged; and
(g) it is deemed, proper in the circumstances that the Club and the Company be dissolved and that the assets of both bodies be vested in the Association and that their liabilities and membership be transferred to the Association, when it is incorporated under the Associations Incorporation Act 1895.
Be it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows: ¾