Victorian Consolidated Legislation

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

Associations Incorporation Act 1981 - SECT 11

Incorporation of company etc.

11. Incorporation of company etc.



(1) Upon the incorporation of a company, co-operative, society, association,
institution or body, under section 10-

   (a)  the company, co-operative, society, association, institution or body
        shall be dissolved and none of the provisions of the Companies Act
        1961 the Corporations Law of Victoria1, the Co-operatives Act 1996 or
        the Industrial and Provident Societies Act 1958 or other Acts relating
        to its incorporation, formation or registration, as the case may be,
        shall, after its incorporation under that section, apply to the
        company, co-operative, society, association, institution or body;





   (b)  the Commissioner for Corporate Affairs, Registrar or other person
        having responsibility for the registration of the company,
        co-operative, society, association, institution or body under another
        Act, may cancel that registration; and

   (c)  the property of the company, co-operative, society, association,
        institution or body vests in the incorporated association subject to-

   (i)  any trust; and

   (ii) any restriction, limitation, mortgage, charge, encumbrance, lien,
        lease, covenant, contract or liability- to which the property was
        subject immediately before it so vested.

(2) Nothing in this section affects the operation in relation to an
incorporated association of the provisions of any other Act relating to the
registration under that other Act of persons or bodies carrying on business of
a particular kind or engaging in other activities of a particular kind.

_______________



[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]