(1) The secretary of an incorporated association may apply to the Registrar to be exempt from one or more of the requirements under section 102 either generally or in relation to a specified year.
(2) The application must—
(a) be in writing; and
(b) state the reasons for the exemption; and
(c) be accompanied by the prescribed fee.
(3) On receipt of the application, the Registrar may approve or refuse the exemption and must give written notification of the decision to the secretary.