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1、Amalgamations, mergers, and consolidations的区别Amalgamation 兼并在一个主体下，原法律主体都不存在。 When charities amalgamate, they bring their memberships, assets, and liabilities into the entity that emerges. The original charities do not cease to exist or dissolve. Although they no longer have separate identities, the
2、y continue to exist within a single entitythe amalgamated charity. The amalgamated body retains and uses one business number (BN). The other BNs will be terminated. The charity can usually choose which BN it retains. Merger 吸收合并。 In a merger, one or more entities wind up their affairs and transfer t
3、heir assets to another registered charity. The bodies that wind up undergo a voluntary revocation of their registration. The BN of the remaining organization is not affected. All the assets are transferred to the remaining organization. Consolidation 新设合并。 In a consolidation, all the original bodies dissolve and transfer their assets to a new entity. All the original bodies that wind up undergo a voluntary revocation of their registration. The new consolidated body needs to submit an application for registration and, if accepted, will typically be given a new BN.
