Winding up by virtue of reduced membership and dormancy

The Registrar may, by order in writing, having published a notice of his intention to issue the order thirty days before the order, direct a credit union to be wound up, if at any time it is proved to his satisfaction that the membership has been reduced 66 Credit Unions Act to less than the required number, or that the credit union is not in operation or carrying on business or is no longer viable.