Central Government has made a number of changes to the Incorporated Societies Act.
The reason we are talking about it is we have a number of relationships with Incorporated Societies within the community. It is these groups that deliver many of the services you find at a community level, either supporting others, a sporting or cultural club, or like-minded people celebrating a pastime or hobby. However, they are also recipients of grants or hold leases to public halls or clubrooms, which is where they have a relationship with us.
The changes to the legislation require all Incorporated Societies to actively decide to reregister by Sunday 5 April 2026 to continue operating, or make the decision to either appoint a liquidator or wind up current operations and apply to be dissolved.
If a society does nothing prior to this date, it will legally cease to exist, which could have serious implications for members who could be held liable for debts and obligations with no ability to make decisions on behalf of the society.
The message here is for all incorporated societies to make a decision about your future within the new legislation – re-register or seriously think about the future of your group.
Remember, you have until 5 April. Click here for more information.(external link)