42. Power of Registrar to control liquidation

A liquidator shall exercise his powers subject to the control and revision of the Registrar, who may —

rescind or vary any order made by a liquidator and make whatever new order is required;

remove a liquidator from office;

call for all books, documents and assets of the society;

by order in writing limit the powers of a liquidator under section 41;

require accounts to be rendered to him by the liquidator;

procure the auditing of the liquidator’s accounts and authorise the distribution of the assets of the society;

make an order for the remuneration of the liquidator; or

refer any subject of dispute between a liquidator and any third party to arbitration if that party shall have consented in writing to be bound by the decision of the arbitrator.