Proposed changes to the laws regulating incorporated associations will make them easier to run and provide increased protection for their members. The reforms will simplify many of the rules for small associations as well as ensuring greater financial transparency for associations whose annual turnover exceeds $200,000.
There are over 35,000 incorporated associations in NSW, with interests ranging from small hobby groups to large sporting clubs and community service organisations. Overall, the proposed changes will modernise the processes involved in running an association and improve the flexibility for meetings and office holders.
The NSW Office of Fair Trading is seeking public comment on the proposed reforms which can be found on the Fair Trading website at http://www.fairtrading.nsw.gov.au/ or by calling 13 32 20. Submissions close Friday 11 April.
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