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ASSOCIATIONS INCORPORATION ACT 1987 - SECT 3A

3A .         Excluded matters for Corporations Act 2001 (Cwlth) s. 5F

        (1)         The following matters are declared to be excluded matters for the purposes of section 5F of the Corporations Act 2001 of the Commonwealth in relation to the whole of the Corporations legislation to which Part 1.1A of that Act applies, other than the provisions specified in subsection (2) —

            (a)         an incorporated association;

            (b)         any act or omission of any person, body or other entity in relation to an incorporated association.

        (2)         The provisions referred to in subsection (1) are —

            (a)         provisions that relate to any matter that the regulations provide is not to be excluded from the operation of the Corporations legislation; or

            (b)         provisions that relate to the role of an incorporated association in the formation of a company; or

            (ca)         provisions that relate to registration as a company under the Corporations Act Chapter 5B to the extent that an incorporated association is authorised or required under Part IIIA to become registered as a company under that Chapter; or

            (c)         provisions that relate to substantial holdings, by or involving an incorporated association, in a company; or

            (d)         provisions that confer or impose functions on an incorporated association as a member, or former member, of a corporation; or

            (e)         provisions that relate to dealings by an incorporated association in securities of a body corporate, other than securities of the incorporated association itself; or

            (f)         provisions that confer or impose functions on an incorporated association in its dealings with a corporation, not being dealings in securities of the incorporated association; or

            (g)         provisions that relate to securities of an incorporated association, other than debentures of or deposits with an incorporated association; or

            (h)         provisions relating to the futures industry; or

                  (i)         provisions relating to participants in the securities industry; or

            (j)         provisions relating to the conduct of securities business; or

            (k)         provisions relating to dealers’ accounts and audit; or

            (l)         provisions relating to money and scrip of dealers’ clients; or

            (m)         provisions relating to registers of interests in securities.

        (3)         The provisions specified in subsection (2) only apply to an incorporated association to the extent to which an incorporated association may engage in the activities covered by those provisions.

        [Section 3A inserted by No. 10 of 2001 s. 10; amended by No. 55 of 2010 s. 4.]



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