61AWinding up on Secretary’s certificate

#### 61A Winding up on Secretary’s certificate 61A Winding up on Secretary’s certificate (cf [Co-operatives National Law (NSW)](/view/html/inforce/current/act-2012-29a), section 443) > > (1) An association may be wound up on a certificate of the Secretary if— > > > > > (a) the association ceases operations, or > > > > > (b) the association ceases to have 5 or more members, or > > > > > (c) the association’s committee has not been able to form a quorum for 2 months, or > > > > > (d) the Secretary is satisfied that there is a significant public interest in winding up the association or that not winding up the association may place public funds at risk. > > > (2) Before giving a certificate, the Secretary— > > > > > (a) must give notice of the proposed certificate to be given to the association stating the ground or grounds referred to in subsection (1) that the Secretary believes exist, and > > > > > (b) must give the association and its members at least 28 days within which to make submissions to the Secretary with respect to the proposed certificate, and > > > > > (c) must give due consideration to any submissions that are made within that period. > > > (3) (Repealed) > > > (4) A winding up on a certificate of the Secretary starts when the certificate is given. > > > (5) On the giving of a certificate, the Secretary may appoint a person to be the liquidator of the association. > > > (6) The liquidator must, within 10 days after appointment, give notice of his or her appointment in the manner prescribed by the regulations (if any). > > > (7) A vacancy occurring in the office of liquidator is to be filled by a person appointed by the Secretary. > > > (8) The Secretary may fix— > > > > > (a) the security to be given by a liquidator, and > > > > > (b) the fees payable to a liquidator. > > **s 61A:** Ins 2016 No 1, Sch 1 \[16\]. Am 2020 No 30, Sch 1.4; 2024 No 25, Sch 6.2\[1\].