ASSOCIATIONS INCORPORATION ACT 2009 - SECT 58 Expenses of administration

ASSOCIATIONS INCORPORATION ACT 2009 - SECT 58

58 Expenses of administration

(cf Co-operatives Act 1992 , section 336)

(1) The expenses of and incidental to the conduct of an association's affairs by an administrator are payable from the association's funds.

(2) The expenses of conducting an association's affairs include--

(a) if the administrator is a public servant, such amount as the Secretary may certify as being the Crown's costs in relation to the administrator's remuneration, or

(b) if the administrator is not a public servant, such amount as the Secretary may approve in relation to the administrator's remuneration.

(3) An amount certified under subsection (2) (a) may be recovered in a court of competent jurisdiction as a debt due to the Crown.

(4) An administrator has, in relation to the expenses specified in subsection (1), the same priority on the winding up of an association as the liquidator of the association has.