There are more than 38,000 Incorporated Associations in Victoria. They are clubs or community groups, operating not-for-profit, whose members have decided to give their organisation a formal legal structure. Incorporation of an association is important because it establishes the organisation as a legal entity in its own right, separate from its individual members. This helps protect individual members from the debts and liabilities of the association, and establishes an entity which is considered at law to have a distinct identity that continues, despite changes to its membership.
The MR2 Owners Club of Australia (VIC Branch) Inc. is Incorporated in the State of Victoria. Registration Number: A0024194Y
Associations Incorporations Reform Act 2012
The Associations Incorporation Act (1981) is Victorian legislation that provides the ability for clubs to legally incorporate. The Act has been reviewed and changed and is now called the Associations Incorporation Reform Act 2012. Changes to the Act came into effect on the 26th November 2012 and include some important reforms that associations need to be aware of. Some of the key changes to the Act include.
- Codification of duties for office holders
- Association providing Indemnity for office holders
- New tiered financial reporting procedures
- Merger of Public Officer / Secretary roles
- Use of technology to attend committee and general meetings
- Conflicts of interest and committee members
- Clarification of the rights of members
- Disciplinary action against a member
- Grievance procedures
- New matters that must be provided for in an association’s rules