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Contents (2009 - 7)
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Associations Incorporation Act 2009 No 7
Current version for 1 September 2016 to date (accessed 27 March 2017 at 05:50)
Part 4 Division 3 Section 40
40   Association not to provide pecuniary gain for its members
(1)  An association must not conduct its affairs (including its affairs as trustee of any trust) so as to provide pecuniary gain for its members.
Maximum penalty: 60 penalty units.
(2)  Subsection (1) does not affect the association’s civil liability to any person as a result of it having provided pecuniary gain for its members.