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Associations Act 2003
67Property of dissolved incorporated association vests in CEO
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67 Property of dissolved incorporated association vests in CEO
(1) If, after an incorporated association has been dissolved under
section 65, there remains outstanding property:
(a) that was vested in the association; or
(b) to which the association was entitled; or
(c) over which the association had a power of disposal at the time
it was dissolved;
but which was not got in, realised or otherwise disposed of or dealt
with by the association, the property is, for sections 68, 69 and 70,
and despite any other law of the Territory, vested in the CEO for all
the legal and equitable estate and interest of the association at the
date it was dissolved, together with all claims, rights and remedies
that it then had in relation to the estate or interest.
Associations Act 2003 46
property includes both real and personal property, including things
in action, whether the property is within or outside the Territory.