8.21 There are two basic scenarios for a participant to exit the JV:
● Voluntary - either voluntary sale of the holder's interest in the JV or where all the participants consent to winding up the JV.
● Compulsory - events which compulsorily give rise to either a sale of a holder's interest or winding up of the JV.
8.22 Further information on the exiting strategies can be found in Annex H.