Meaning of officer for ss 148–149
147 Meaning of officer for ss 148–149
In sections 148 and 149—
officer of a society includes a receiver who is not also a manager.
For sections 148 and 149(1), a person is taken to be an officer of a society if the person has, at any time during the last 12 months, been an officer or promoter of the society.
However, the registrar may direct that subsection (2) does not apply to the person.
For sections 148 and 149, a person is not taken to be an officer of a society only because of—
being, or having been, the liquidator of the society; or
having been appointed as auditor of the society; or
being, or having been, authorised to accept, on behalf of the society, service of process or notices required to be served on the society.
This Act’s bill:Explanatory memorandum
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