NSWIn ForceAct
Associations Incorporation Act 2009
40Association not to provide pecuniary gain for its members
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#### 40 Association not to provide pecuniary gain for its members
40 Association not to provide pecuniary gain for its members
> > (1) An association must not conduct its affairs (including its affairs as trustee of any trust) so as to provide pecuniary gain for its members.
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> > Maximum penalty—60 penalty units.
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> > (2) Subsection (1) does not affect the association’s civil liability to any person as a result of it having provided pecuniary gain for its members.