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ASSOCIATIONS INCORPORATION REFORM ACT 2012 (NO. 20 OF 2012) - SECT 150 Winding up by the court

ASSOCIATIONS INCORPORATION REFORM ACT 2012 (NO. 20 OF 2012) - SECT 150

Winding up by the court

The winding up of an incorporated association by the court under section 126 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 Parts 5.4 (Winding up in insolvency) and 5.4B (Winding up in insolvency or by the court) of the Corporations Act, subject to the following modifications—

        (a)     the modifications referred to in section 145;

        (b)     any applicable modifications referred to in section 154;

        (c)     any other modifications (within the meaning of Part 3 of the Corporations (Ancillary Provisions) Act 2001 ) prescribed by the regulations.