1. Why This Matters
- If your organisation is an incorporated society, you must re-register under the new Incorporated Societies Act.
- It’s about protecting your incorporated society – the new rules help ensure your governance is strong and your legal status is secure.
- Better clarity, fewer headaches – clearer rules mean less confusion and reduced risk for officers and committees.
2. What You Need to Do
- Check your legal structure – if yours is an incorporated society, you need to take action.
- Re-register under the new Act – failure to do so means your incorporated society could lose its legal status and have to shut down.
- Review your constitution – most incorporated societies will need updates to meet new legal requirements.
- Ensure governance is up to standard – the new Act introduces clearer responsibilities for committee members.
3. What Happens if You Don’t Comply?
- Your incorporated society status will be removed – meaning no legal protection, loss of ownership of incorporated society assets and potential operational issues.
- Risk of personal liability – if things go wrong, committee members could be held personally responsible.
- Potential funding and licensing issues – funders, regulators, and stakeholders expect compliance with legal requirements.
4. The Good News
- Help is available! IGS has resources and services to support you.
- It’s an opportunity to refresh your governance. Updating your constitution and processes can strengthen your organisation’s operations, now and for the future.
- You’re not alone. All incorporated societies are in the same boat – let’s work through this together.
5. Next Steps
- Find out if your centre is affected. If you’re an incorporated society, you must take action.
- Review your constitution. IGS can help you with templates and advice available to make this easier.
- Get your team on board. Make sure your committee members understand their new responsibilities.
- Set a timeline for compliance. Don’t wait until the last minute – changes take time!
Contact us today to secure your society’s future with expert compliance assistance
