45. Company limited by guarantee

providing recreation or amusement;

promoting commerce and industry;

promoting art;

promoting science;

promoting religion;

promoting charity;

promoting pension or superannuation schemes; or

promoting any other object useful for the community or country.

apply its profits or other income in achieving or promoting its objects;

prohibit the payment of any dividend to its members; and

require all the assets that would otherwise be available to its members generally be transferred on its winding up either—

to another body with objects similar to its own; or

to another body the objects of which are the promotion of charity and anything incidental or conducive to such objects.