Double swing

[SC Ump]

A local travel club is teaching its players to do a funky swing. On a drag bunt, the left handed batter swings early and allows her follow through to come around her back, with the bat switching behind her back from her right hand to her left hand and then tapping the ball for a bunt. This was done successfully on two occassions in an ASA tounament.

(POE 24 addresses this as illegal for ASA. I do not know if it is or is not legal in other organizations.)

My question is regarding if this is done on the third strike. My understanding of POE 24 is that if it is done (intentionally) with less than two stikes and batters on base, the batter is out and all runners return. If there are two strikes on the batter, would the batter be out on the third strike and then the runner closest to home also be out. It does not specifically state. It does reference a different rule, which I'm not sure if is the proper reference or a typo on the numbering.