Incorporated Societies Bill – Timeline?  The 2019 Update…

RSM have helpfully posted an update to this topic which has been crawling glacially along for 3-4 years!

Our previous post is repeated below.


Original post14 March 2016

Over the past few years, the Law Commission has undertaken a comprehensive review of the Incorporated Societies Act 1908 and has reported to the Government proposing a significant updating of the legislation.  The Government has accordingly developed a draft Bill which has been released for public comment and consultation. Along with some background information and links to related information, the draft can be found at:  http://www.mbie.govt.nz/info-services/business/business-law/incorporated-societies . Submissions on the Bill are sought.

The closing date for submissions is 30 June 2016.


SEE ALSO THE FOLLOWING POSTS ON THIS SITE:

What is the difference between a Charitable Trust and an Incorporated Society?

Annual Returns for Incorporated Societies

A review of the structure of Incorporated Societies?

Definition of ‘non-profit’, ‘not for profit organisation’, or ‘charity’ – what’s the difference?

AND ON OTHER SITES:

Incorporated Societies Bill – Proposed Accounting & Audit Requirements

The Purpose of your Incorporated Society – Can it make money? And who can take it home?