[s. 123 and 124]
1. The incorporated association was not at the
time of incorporation eligible for incorporation under this Act.
2. The incorporation of the association was
obtained by fraud or mistake.
3. The incorporated association is contravening
section 17.
4. The incorporated association has suspended its
operations, or has in effect been dormant, for a whole year or more.
5. The incorporated association is unable to pay
its debts as and when they become due and payable.
6. The incorporated association has engaged in
activities outside the scope of its objects or purposes or has ceased to
pursue those objects or purposes.
7. The management committee of the incorporated
association has acted oppressively in relation to members.
8. The following circumstances apply —
(a) the
incorporated association has contravened a provision of this Act that applies
to it; and
(b) the
Commissioner has by notice in writing given to the association required the
association to remedy the contravention within 60 days after the notice was
given; but
(c) the
association has failed or refused to do so.
9. The incorporated association has by special
resolution resolved that it be wound up by the Supreme Court.
10. The Supreme Court is of the opinion that it is
just and equitable that the incorporated association should be wound up.