Voluntary transfer of incorporation
25C Voluntary transfer of incorporation
An incorporated association may apply to the Commissioner, in a form approved by the Commissioner, to become, and may become, registered or incorporated as a prescribed body corporate.
Before an incorporated association can apply to become registered or incorporated as a prescribed body corporate – the proposal to become registered or incorporated as a prescribed body corporate must have been approved by a special resolution of the incorporated association; and the special resolution must have been registered by the Commissioner under section 23.
The Commissioner must approve an application made under subsection (1) if satisfied that subsection (2) has been complied with.
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