(1) This section makes
provision for the voluntary administration under the Corporations Act of an
incorporated association.
(2) Subsection (3) is
made for the purposes of the Corporations (Ancillary Provisions) Act 2001
Part 3.
(3) The administration
of an incorporated association is declared to be an applied Corporations
legislation matter in relation to the Corporations Act Part 5.3A subject to
the following modifications —
(a) the
modifications to the text of that Act set out in Schedule 3;
(b) such
other modifications (within the meaning of the Corporations (Ancillary
Provisions) Act 2001 Part 3) as may be prescribed by the regulations.