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s 730

Limit on liability after resignation

In force
Chapter 12Industrial organisations and associated entities
Part 10Membership
Division 5Liabilities of member to organisation

730 Limit on liability after resignation

If a person’s membership of an organisation has ended, the person—

(a)

continues to be liable for a member’s liability that—

(i)

became payable within 1 year before the membership ended; and

(ii)

is recoverable under section 729; and

(b)

is not liable for a member’s liability that became payable—

(i)

more than 1 year before the membership ended; or

(ii)

after the membership ended.

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