ASSOCIATIONS INCORPORATION ACT 1991 - SECT 70C Exemption from revenue thresholds

ASSOCIATIONS INCORPORATION ACT 1991 - SECT 70C

    (1)     For section 70B, definitions of "large association", medium association and small association , the committee of an association may, for a financial year, ask in writing that the registrar-general disregard the association's revenue for the financial year.

    (2)     The registrar-general may agree to the committee's request if the registrar-general is satisfied special circumstances apply to the association for the financial year.

    (3)     If the registrar-general agrees to the committee's request, the registrar-general—

        (a)     must state whether the association is taken to be a large, medium or small association for the financial year for this part; and

        (b)     may impose conditions on the association.