sec.72Formation of societies

sec.72 Formation of societies

A body proposed to be a society may be formed by 5 or more adults. A proposed society may be formed only if there has been a meeting to form the society at which 5 or more adults were present. At the formation meeting, there must be presented— a written statement showing— the objects of the society; and the reasons for believing that— an application for registration of the society would be granted; and if registered, the society will be able to carry out its objects successfully; and a copy of the society’s proposed rules. If, at the formation meeting or a subsequent or adjourned meeting, 5 or more adults, after considering the statement and the rules, approve the rules (with or without amendment) and sign an application for membership, they may proceed to elect the first directors of the society under the rules as so approved. The expenses of, and incidental to, the formation of the society may be paid out of the society’s capital or income. (sec.72-ssec.1) A body proposed to be a society may be formed by 5 or more adults. (sec.72-ssec.2) A proposed society may be formed only if there has been a meeting to form the society at which 5 or more adults were present. (sec.72-ssec.3) At the formation meeting, there must be presented— a written statement showing— the objects of the society; and the reasons for believing that— an application for registration of the society would be granted; and if registered, the society will be able to carry out its objects successfully; and a copy of the society’s proposed rules. (sec.72-ssec.4) If, at the formation meeting or a subsequent or adjourned meeting, 5 or more adults, after considering the statement and the rules, approve the rules (with or without amendment) and sign an application for membership, they may proceed to elect the first directors of the society under the rules as so approved. (sec.72-ssec.5) The expenses of, and incidental to, the formation of the society may be paid out of the society’s capital or income.

• (a) a written statement showing— (i) the objects of the society; and (ii) the reasons for believing that— (A) an application for registration of the society would be granted; and (B) if registered, the society will be able to carry out its objects successfully; and
• (i) the objects of the society; and
• (ii) the reasons for believing that— (A) an application for registration of the society would be granted; and (B) if registered, the society will be able to carry out its objects successfully; and
• (A) an application for registration of the society would be granted; and
• (B) if registered, the society will be able to carry out its objects successfully; and
• (b) a copy of the society’s proposed rules.
• (i) the objects of the society; and