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ASSOCIATIONS INCORPORATION ACT 1981 - SECT 1B Excluded matter for Corporations legislation

ASSOCIATIONS INCORPORATION ACT 1981 - SECT 1B

Excluded matter for Corporations legislation

1B Excluded matter for Corporations legislation

(1) An incorporated association is declared to be an excluded matter for the Corporations Act , section 5F , in relation to the Corporations legislation other than to the extent specified in subsection (2) .
(2) Subsection (1) does not apply so as to exclude an incorporated association that is a company under the Corporations Act from the provisions of Part 5A.1 of that Act, other than section 601AD(2) , (3) and (4) .
(3) Subsection (1) extends to a company within the meaning of the Corporations Act as soon as it becomes an incorporated association under this Act.
(4) Subsection (1) has effect only for so long as a body is an incorporated association under this Act.