New South Wales Consolidated Acts

ASSOCIATIONS INCORPORATION ACT 1984 - SECT 56

56 Registration of incorporated association as company or co-operative

(1) An incorporated association may, with the approval of the Minister and subject to such conditions as may be specified in the approval, become:

(a) registered as a company under the Corporations Act 2001 of the Commonwealth, or

(b) registered as a co-operative within the meaning of the Co-operatives Act 1992 ,

in the manner prescribed.

(2) Where the Minister is satisfied that the continued incorporation of an association under this Act would be inappropriate or inconvenient:

(a) by reason of the Minister’s assessment of:

(i) the scale or nature of the activities of the incorporated association,

(ii) the value or nature of the property of the incorporated association, or

(iii) the extent or nature of the dealings which the incorporated association has with the public, or

(b) for any other reason which to the Minister appears sufficient,

the Minister may, by notice to the incorporated association, direct the association to become:

(c) registered as a company under the Corporations Act 2001 of the Commonwealth, or

(d) registered as a co-operative within the meaning of the Co-operatives Act 1992 ,

within the period (being not less than 3 months), and subject to any conditions, specified in the notice.