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ASSOCIATIONS INCORPORATION ACT 1991 - SCHEDULE 2

ASSOCIATIONS INCORPORATION ACT 1991 - SCHEDULE 2

Schedule 2     Modification of the Corporations Act, part 5.7 in its application to incorporated associations

(see s 91)

[2.1]     Section 582

omit

[2.2]     Section 583

after 2nd mention of

Chapter

insert

(excluding parts 5.1, 5.2, 5.3, 5.4, 5.7A, 5.8 and 5.9)

[2.3]     Section 583 (b)

omit

[2.4]     Section 583 (c) (iii)

omit

[2.5]     New section 583 (d), (e) and (f)

insert

        (d)     in relation to a voluntary winding up—part 5.5 applies subject to the exclusion of the following provisions:

        section 493 (2); division 3; sections 501 and 507.

        (e)     in relation to winding up generally—part 5.6 applies subject to the exclusion of the following provisions:

sections 532 (8), 544, 556 (1) (c), (d) and (j), 557, 565 (2) (a) (ii) and 572-579.

        (f)     in this chapter that apply in relation to the winding up of an incorporated association—

              (i)     a reference to a company or a body is a reference to an incorporated association; and

              (ii)     a reference to a contributory of a company is a reference to a member of an incorporated association; and

              (iii)     a reference to the registration of a company is a reference to the incorporation of an incorporated association; and

              (iv)     a reference to the articles of a company is a reference to the rules of an incorporated association; and

              (v)     a reference to the directors of a company is a reference to the members of the committee of an incorporated association; and

              (vi)     a reference to the secretary of a company is a reference to the public officer of an incorporated association; and

              (vii)     a reference to the registered office or to the principal place of business of a corporation is a reference—

    (A)     if an incorporated association has a registered office—to the current address of that office as notified to the registrar-general under the Act; or

    (B)     if an incorporated association does not have a registered office—to the current address of the public officer of the association as notified to the registrar-general under the Act;

              (viii)     a reference to a special resolution is a reference to a special resolution within the meaning of the Act; and

              (ix)     a reference to the commission is a reference to the registrar-general within the meaning of the Act.

[2.6]     Section 586

omit

[2.7]     Section 587

omit

[2.8]     Section 588 (1), (2), (4) and (5)

omit