Reform of the Incorporated Societies Act 1908

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The Government has announced that it plans to update legislation relating to Incorporated Societies, having now signed off changes to a draft Incorporated Societies Bill.

The Bill which is expected to be introduced to Parliament later this year will apply to the more than 23,000 incorporated societies that operate in New Zealand.

For more information see http://www.scoop.co.nz/stories/BU1906/S00662/incorporated-societies-bill-closer-to-introduction.htm and https://www.mbie.govt.nz/business-and-employment/business/regulating-entities/incorporated-societies-act-review/

If you have any questions relating to the proposed Bill and how it may impact your Society, please contact Stephens Lawyers.