ASSOCIATIONS INCORPORATION ACT 1985 - SECT 40B

ASSOCIATIONS INCORPORATION ACT 1985 - SECT 40B

40B—Power to enter into voluntary administration

An incorporated association is declared to be an applied Corporations legislation matter for the purposes of Part 3 of the Corporations (Ancillary Provisions) Act 2001 in relation to the provisions of Part 5.3A and Division 3 of Part 5.9 of the Corporations Act 2001 of the Commonwealth, subject to the following modifications:

            (a)         the modifications necessary to give effect to this section and the succeeding provisions of this Part; and

            (b)         such other modifications (within the meaning of Part 3 of Corporations (Ancillary Provisions) Act 2001 ) as may be prescribed by the regulations.