(1) The Commissioner
must not incorporate an association under this Act if in the opinion of the
is more appropriate for the activities of the association to be carried on by
a body corporate incorporated under some other law; or
incorporation of the association is against the public interest.
(2) The grounds on
which the Commissioner may form the opinion that subsection (1)(a) or (b)
applies include the following —
likely scale or nature of the activities of the association;
likely value or nature of the property of the association;
extent or nature of the dealings the association is likely to have with the
other matter the Commissioner considers relevant.
(3) The Commissioner
must not incorporate an association if, in the Commissioner’s opinion,
any ground for refusal of incorporation prescribed by the regulations applies
to the association.