ASSOCIATIONS INCORPORATION ACT 1991 - SECT 96 Liability in relation to property vested in registrar-general
ASSOCIATIONS INCORPORATION ACT 1991 - SECT 96
Liability in relation to property vested in registrar-general(1) Property vested in the registrar-general under section 92 (1) or 94 is subject to all charges, claims or liabilities imposed on or affecting the property by a law about rates, taxes or any other claim or liability to which the property would have been subject had it continued in the possession, ownership or occupation of the association or former association.
(2) Nothing in subsection (1) is taken to impose on the registrar-general or the Territory a duty, obligation or liability to do or suffer anything required to be done or suffered by a law of a kind referred to in that subsection other than the liability to satisfy or pay a charge, claim or liability referred to in that subsection out of the property of an association or former association to the extent that the property is, in the opinion of the registrar-general, available for and applicable to the satisfaction or payment of the charge, claim or liability.