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ASSOCIATIONS INCORPORATION ACT 1991 - SECT 4 Pecuniary gain—interpretation

ASSOCIATIONS INCORPORATION ACT 1991 - SECT 4

Pecuniary gain—interpretation

For this Act, an association is not taken to be formed or carried on with the object of obtaining pecuniary gain for its members, or to be obtaining pecuniary gain for its members, only because—

        (a)     the association obtains a pecuniary gain, none of which is received by any of its members, or otherwise credited to its members; or

        (b)     the association—

              (i)     is established with the object of protecting a trade, business, industry or calling in which its members are engaged or interested; and

              (ii)     does not engage in, or in a branch or part of, the trade, business, industry or calling; or

        (c)     the association provides facilities or services for its members; or

        (d)     its members derive a pecuniary gain from the enjoyment of facilities or services provided by the association for social, recreational, educational or other like purposes; or

        (e)     any of its members receives remuneration from the association for goods or services supplied by the member, or otherwise obtains a pecuniary gain from the association to which the member would be entitled if he or she were not a member of the association; or

        (f)     its members compete for trophies or prizes in contests directly related to the objects of the association.