Contents (2009 - 7)
Associations Incorporation Act 2009 No 7
63 Winding up by Supreme Court
(1) The Supreme Court may order the winding up of an association if:(a) the association has by special resolution resolved that it be wound up by the Court, or(b) the association does not commence its operations within one year after the date of its registration under this Act or suspends its operations for a whole year, or(c) the association is insolvent, or(d) the association has conducted its affairs (including its affairs as trustee of any trust) so as to provide pecuniary gain for its members, or(e) the association has engaged in activities inconsistent with its objects, or(f) the committee of the association has acted in affairs of the association in the interests of the committee or the committee members rather than in accordance with its objects, or in any other manner whatever that appears to the Court to be unfair or unjust to the association’s members, or(g) the association would, if not registered under this Act, not be eligible to be so registered, or(h) the Secretary has, pursuant to section 73, directed the association to apply for cancellation of its registration and the association has failed to do so within the time fixed by the direction, or(i) the Court is of the opinion that it is just and equitable that the association be wound up.(2) An application to the Supreme Court for the winding up of an association may be made by the association, by a member or creditor of the association or by the Secretary.