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Associations Act 2003
82Liabilities arising from administration
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82 Liabilities arising from administration (1) If an incorporated association incurs a loss because of fraud, dishonesty, negligence or wilful failure to comply with this Act or the Regulations or the constitution of the association by a statutory manager, the statutory manager is liable for the loss. (2) A statutory manager is not liable for a loss that is not a loss to which subsection (1) applies but must account for the loss in the report under section 80(4).