WebJul 19, 2024 · The new legislation allows for existing incorporated societies to comply with the changes – allowing societies to agree to and register a new constitution and ensure that their officers are qualified to be appointed to ensure compliance with the new Act. This will mean that some societies will likely decide to restructure/reorganise, or to wind up. WebUpcoming law changes for societies will impact some trust boards. In April 2024, the Incorporated Societies Act 2024 was passed. The new Act will have impacts for some …
Chapman Tripp Submissions on Incorporated Societies reforms
WebNov 12, 2024 · Public submissions are now being called for Incorporated Societies Bill The closing date for submissions is Friday, 28 May 2024 This bill proposes to put in place a … WebJul 19, 2024 · We generally support the Bill, and consider it improves the previous exposure draft and the Law Commission’s recommendations. However we submit that the purposes of a society should have elevated importance in the legislation, and form a clear part of the interpretation of officers’ fiduciary duties (see discussion on clause 49 in our submission … how many spells does a bard get
The Incorporated Societies Bill 2024 IoD NZ
WebApr 17, 2024 · The Incorporated Societies Bill 2024 was introduced on 17 March 2024, had its first reading on 6 April and is now in Select Committee phase. We encourage all … Web2. The contribution of incorporated societies to the wellbeing of Aotearoa New Zealand is extensive and we welcome the work being done to modernise the legislation for incorporated societies. We believe the Bill achieves its goal of laying the basic framework of legal, governance, and accountability obligations for incorporated societies and those WebIncorporated Societies Act - with highlighted changes showing the cabinet papers that were released in June 2024. This document has been re-written/worded for the draft bill which was formally introduced March 2024. With AuSAE’s submission with had some good changes to the bill, which assists all of the sector. Changes such as: • Contact ... how did sharon gilbert lose weight