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ASSOCIATIONS INCORPORATION REGULATIONS 2016 - REG 15

ASSOCIATIONS INCORPORATION REGULATIONS 2016 - REG 15

15 .         Annual information statement to be provided to Commissioner (s. 156)

        (1)         Within 6 months after the end of each financial year of an incorporated association, the association must provide to the Commissioner a written statement of the following —

            (a)         confirmation —

                  (i)         of the association’s address; and

                  (ii)         if different from that address, of the association’s postal address for service of any process, notice or other document on the association,

                notified under section 174(1) or 175(1) of the Act;

            (b)         confirmation that the association continues to have at least 6 members who have full voting rights under the association’s rules;

            (c)         the date on which the association held its most recent annual general meeting;

            (d)         the revenue of the association for the most recent financial year.

        (2)         Revenue is to be calculated for the purposes of subregulation (1)(d) in the same way as it is calculated under section 64 of the Act.

        Note for this subregulation:

                Section 64(4) of the Act refers to calculating revenue in accordance with the accounting standards in force at the relevant time.

        (3)         Subregulation (1) does not apply to an incorporated association that —

            (a)         is exempted in writing by the Commissioner from complying with that subregulation; or

            (b)         belongs to a class of associations exempted by the Commissioner, by notice published in the Gazette , from complying with that subregulation.