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Contents (2009 - 7)
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Associations Incorporation Act 2009 No 7
Current version for 7 July 2017 to date (accessed 25 July 2017 at 08:38)
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.