ASSOCIATIONS INCORPORATION ACT 1985 - SECT 49A

ASSOCIATIONS INCORPORATION ACT 1985 - SECT 49A

49A—General power of exemption of the Commission

        (1)         The Commission may, on the application of an incorporated association, an officer of an incorporated association, or a person authorised by an incorporated association to make an application under this section—

            (a)         extend any limitation of time prescribed by or under this Act whether or not the prescribed period has expired; or

            (b)         exempt the association or any officer of the incorporated association from the obligation to comply with any provision of this Act.

        (2)         An application under subsection (1) may be granted by the Commission on such conditions as it thinks fit.

        (3)         Where an incorporated association or an officer of an incorporated association contravenes or fails to comply with a condition imposed by the Commission under subsection (2), the association or the officer (as the case may be) is guilty of an offence.

Maximum penalty:

            (a)         if the offence is committed in respect of a prescribed association—$5 000; or

            (b)         in any other case—$1 250.

        (4)         The Commission may, at any time by instrument in writing, revoke or vary an extension or exemption under subsection (1).