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CLAUSE NOTES
Associations Incorporation Amendment Bill 2016
Clause 1: cites the name (short title of the Act)
Clause 2: provides for the Act to be commenced 1 October 2016.
Clause 3: identifies that for the purposes of this Act (sections 2, 24 and
24B), the Principal Act is the Associations Incorporation Act 1964.
Clause 4: Section 2 (Interpretation) is amended by omitting certain words
so that later provisions operate as required.
Clause 5: amends the threshold of revenue earned whereby an
incorporated association is required to lodge audited statements
to the regulator.
Clause 6: provides that an incorporated association is not required to
provide an annual return if the incorporated association is a
registered entity with the Australian Charities and Not for Profits
Commission (ACNC).
Clause 7: Repeal of Act.
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