Commonwealth Numbered Acts

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ABORIGINAL COUNCILS AND ASSOCIATIONS ACT 1976 No. 186 of 1976 - SECT 44

Rights of members to share in pecuniary profits, &c.
44. Where an Aboriginal Association is to be carried on wholly or partly for
the purpose of securing pecuniary profit to its members, the rules referred to
in sub-section 43 (2) shall make provision with respect to the rights of
persons who are members from time to time to share in the pecuniary profits of
the association and the rights of persons who are members at the time of a
winding-up of the association to share in the distribution of any surplus
assets resulting from the winding-up, and those rules may make provision for
conferring rights on or in respect of a person upon his ceasing to be a member
by resignation or death. 


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