(1)
Where a body or association intends to replace some or all its trustees or to appoint additional trustees, it may by resolution at a general meeting do so and apply in the prescribed form for the approval of the Commission.
(2)
Upon such application, the provisions of section 832 (2) - (4) of this Act shall apply to this section as they apply to the change of name or object.
(3)
If the Commission assents to the application, it shall signify its assent in writing to the board or association and the appointment shall become valid as from the date of the resolution appointing the trustees.