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Article 28 

DISSOULTION

 

The present Federation shall be established without limit in time. Dissolution may only be pronounced by an Extraordinary General Assembly especially convened for this purpose. The vote must be carried by no less than two thirds of the votes cast, according to the conditions laid down in Article 11 above. If it has not been possible to decide dissolution under these conditions, a further Extraordinary General Assembly may be convened after a period of no less than 3 months, and this Assembly shall be able to pronounce on simple majority of the votes cast. Furthermore, in both cases, the Members present or represented must number two thirds of the Clubs, Associations or Federations composing the FIA at the time of voting.
 
In the event of dissolution of the Federation, the assets it holds at that moment shall be transferred, by decision of the Committee, to one or more renowned institutions whose objective are as close as possible to those of the Federation.
 
On no account may the Federation’s assets at the time of dissolution be transferred to the members or used totally or partly for their benefit, nor returned to the founding members.