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ASSOCIATIONS INCORPORATION ACT 1991 - SECT 73 Presentation of statement to members

ASSOCIATIONS INCORPORATION ACT 1991 - SECT 73

Presentation of statement to members

    (1)     At each annual general meeting of an incorporated association the following documents must be presented by the committee for the consideration of the meeting:

        (a)     the required statement of the association's accounts for the most recently ended financial year of the association;

        (b)     a copy of the reviewer's or auditor's report to the association in relation to the association's accounts for that financial year;

        (c)     a report signed by 2 members of the committee stating—

              (i)     the name of each member of the committee of the association during the most recently ended financial year of the association and, if different, at the date of the report; and

              (ii)     the principal activities of the association during the most recently ended financial year and any significant change in the nature of those activities that occurred during that financial year; and

              (iii)     the net profit or loss of the association for the most recently ended financial year.

    (2)     The committee of a large association must ensure that the prescribed number of copies of the documents referred to in subsection (1) (a) and (b) are available for perusal by members of the association immediately before and during the annual general meeting.

Maximum penalty: 20 penalty units.