4Definitions

4 Definitions

4 Definitions

(1) In this Act—

ACNC registered entity means a registered entity under the Australian Charities and Not-for-profits Commission Act 2012 of the Commonwealth.

approved, in relation to a form, means approved by the Secretary.

ASIC means the Australian Securities and Investments Commission.

assets means any legal or equitable estate or interest (whether present or future, whether vested or contingent and whether personal or assignable) in real or personal property of any description (including money), and includes securities, choses in action and documents.

association means an association registered under this Act.

Australian Accounting Standards means the standards issued by the Australian Accounting Standards Board, as in force for the time being, and including any modifications prescribed by the regulations.

Australian Auditing Standards means the standards issued by the Auditing and Assurance Standards Board, as in force for the time being, and including any modifications prescribed by the regulations.

authorised officer means—

(a) a person who is appointed as an authorised officer under section 102, or

(b) an investigator within the meaning of the Fair Trading Act 1987.

authorised signatory, in relation to an association, means a person who is appointed under section 36 as an authorised signatory for the association, and includes the association’s public officer.

committee, in relation to an association, means the governing body of the association, however described.

committee member, in relation to an association, means a person who is elected or appointed under the association’s constitution as a committee member of the association.

constitution, in relation to an association, means the constitution that is recorded in the Register of Incorporated Associations in relation to the association.

corresponding law means—

(a) the Co-operatives National Law (NSW), or

(b) the Corporations Act 2001 of the Commonwealth,

and includes any law of this or another State or Territory, or any law of the Commonwealth, that is declared by the regulations to be a corresponding law for the purposes of this Act.