sec.132Use of money received by association

sec.132 Use of money received by association

Subject to section 137 (4) , any money received by an association must be applied by the association, at the direction of the Minister, to the following purposes— firstly, in paying expenses lawfully incurred by the association; secondly, in achieving the objectives, and performing the functions, of an association; thirdly, in giving assistance under section 142A . s 132 amd 2025 No. 24 s 6

• (a) firstly, in paying expenses lawfully incurred by the association;
• (b) secondly, in achieving the objectives, and performing the functions, of an association;
• (c) thirdly, in giving assistance under section 142A .