sec.105KApplication of division

### sec.105K Application of division This division does not apply to an incorporated association if— the association is being wound-up; or an application to wind-up the association has been made but not dealt with; or the association’s incorporation is being cancelled; or a receiver, or receiver and manager, has been appointed and is acting for the association; or the association has entered into a compromise or arrangement with its creditors but the administration of the compromise or arrangement has not been concluded; or an application has been made to a court for approval of a compromise or arrangement by the association with its creditors but the court has not approved or refused to approve the application. s 105K ins 1997 No. 39 s 472 sch 7 - (a) the association is being wound-up; or - (b) an application to wind-up the association has been made but not dealt with; or - (c) the association’s incorporation is being cancelled; or - (d) a receiver, or receiver and manager, has been appointed and is acting for the association; or - (e) the association has entered into a compromise or arrangement with its creditors but the administration of the compromise or arrangement has not been concluded; or - (f) an application has been made to a court for approval of a compromise or arrangement by the association with its creditors but the court has not approved or refused to approve the application.