Winding up an association |
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You can voluntarily wind up an incorporated association for any given reason. For example an association may have insufficient members, insufficient funds or it's members may simply have decided to stop the association's business.
If your association chooses to voluntarily wind up, members must vote on and pass a motion via special resolution.
Within one month of the resolution, the association’s secretary must lodge Associations Incorporation Form 9a - Application for voluntary winding up of an incorporated association (PDF, 275 KB).
We will still accept applications lodged more than one month after the resolution.
Disbursing assets
The association must disburse any assets remaining after paying all liabilities in accordance with the association's rules. Members must pass a special resolution specifying who to disburse supplies to.
Applying to wind up
To cancel the registration you must lodge:
- a statutory declaration signed by the secretary stating that the association has ceased to exist
- a copy of the special resolution to wind up the association signed by two office bearers
- receipts from any organisations receiving the surplus assets
- the original certificate of incorporation
- the association’s final financial statement.
If you cannot provide all of these documents, you should submit whatever documents you have with your application and a statutory declaration stating why.
Involuntary wind-up
If an association is insolvent and cannot pay its debts, the Supreme Court can wind up the association if a creditor challenges it.
Last reviewed 01/09/2009 |
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