9Information to be included in application for transfer of registration declaration

9 Information to be included in application for transfer of registration declaration

9 Information to be included in application for transfer of registration declaration

For the Act, section 78(3)(d), an application for a transfer of registration declaration must include the following—

(a) a written statement regarding whether the entity to which the association intends to transfer the association’s incorporation is subject to rules that prohibit the distribution of profits to the entity’s members,

(b) a written declaration that the association’s creditors are not likely to be materially prejudiced by the transfer,

(c) a written declaration that the law of the Commonwealth, another State or a Territory will adequately provide for the continuation of the association’s legal personality after the transfer,

(d) any documents that the association failed to lodge, for the last 3 financial years, under the Act, section 45 or 49.