Incorporation is a voluntary, simple and inexpensive means of establishing a legal entity, separate from the individual members. It is an alternative to forming, for example, a company limited by a guarantee, or co-operative. It is particularly suitable for small, community-based groups. In other words, the association is considered by law to have a distinct identity that continues despite changes to its membership.
Incorporated Associations are not profit organizations. Any profits made should be kept by the association and should not used by members for personal gain.
The Department of Treasury and Finance is undertaking public consultation on the Exposure Draft – Statutes Amendment (Commonwealth Registered Entities) Bill 2013.
The Exposure Draft proposes changes to the Collections for Charitable Purposes Act 1939 and the Associations Incorporation Act 1985.
The amendments eliminate regulatory duplication for charities fundraising in South Australia if they are formally registered with the Australian Charities and Not-for-profits Commission. The Exposure Draft also includes amendments to the Collections for Charitable Purposes Act 1939 to improve compliance and reporting on which consultation occurred in 2010.
Submissions should be made before 4 October 2013.
- View the Exposure Draft – Statutes Amendment (Commonwealth Registered Entities) Bill 2013 (SA)
- View the Fact Sheet explaining the amendment
- How to Incorporate: a guide to the Associations Incorporation Act 1985. For a hard copy of this document phone 8204 8514.