Victorian Current Acts

ASSOCIATIONS INCORPORATION REFORM ACT 2012 - SECT 31

    (1)     Subject to subsection (2) and its rules, an incorporated association may—

        (a)     act as trustee;

        (b)     accept and hold on trust real and personal property.

    (2)     An incorporated association does not have power as trustee of a trust to do an act or thing if by doing that act or thing otherwise than as a trustee, the association would contravene the provisions of this Act or its rules.

S. 31(3) repealed by No. 33/2015 s. 8.

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S. 31(4) amended by No. 57/2013 s. 5, repealed by No. 33/2015 s. 8.

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