sec.59BBDeclaration by chief executive that association is of different class

### sec.59BB Declaration by chief executive that association is of different class An incorporated association may, for a financial year, ask the chief executive in writing to make a declaration stating that the association is taken to be a medium incorporated association or small incorporated association for the financial year. The chief executive may make or refuse to make the declaration. The chief executive may make the declaration only if the chief executive is satisfied there are special and unusual circumstances justifying the declaration. If the chief executive makes the declaration, the chief executive— must state whether the association is taken to be a medium incorporated association or small incorporated association for the financial year; and may impose conditions on the association. This section applies despite section 58 , definitions large incorporated association , medium incorporated association and small incorporated association . s 59BB ins 2020 No. 17 s 22 (sec.59BB-ssec.1) An incorporated association may, for a financial year, ask the chief executive in writing to make a declaration stating that the association is taken to be a medium incorporated association or small incorporated association for the financial year. (sec.59BB-ssec.2) The chief executive may make or refuse to make the declaration. (sec.59BB-ssec.3) The chief executive may make the declaration only if the chief executive is satisfied there are special and unusual circumstances justifying the declaration. (sec.59BB-ssec.4) If the chief executive makes the declaration, the chief executive— must state whether the association is taken to be a medium incorporated association or small incorporated association for the financial year; and may impose conditions on the association. (sec.59BB-ssec.5) This section applies despite section 58 , definitions large incorporated association , medium incorporated association and small incorporated association . - (a) must state whether the association is taken to be a medium incorporated association or small incorporated association for the financial year; and - (b) may impose conditions on the association.