Legislation to update the Incorporated Societies Act 1908 is expected to be introduced to Parliament later this year, the Ministry of Business, Innovation and Employment says.
MBIE says the Government has agreed to update the legislation.
“The Incorporated Societies Act 1908 is more than 100 years old, outdated and focuses largely on the formation and dissolution of incorporated societies,” James Hartley, General Manager of Commerce and Consumer Affairs at MBIE, says.
“A draft Incorporated Societies Bill, which will replace the original Act, went through consultation in 2015. Cabinet has now signed off on some changes to that draft. The Cabinet paper is available here.
“The new Incorporated Societies Bill will enable incorporated societies – which include everything from netball and rugby clubs to Rotary groups – to run more effectively. The Bill provides an operating environment that meets current and future needs so that incorporated societies can thrive. It also helps society members to more effectively hold their members to account.”
Mr Hartley says the new Bill reflects public feedback, which was supportive of the need for change.
“The feedback we received highlighted some important updates that were needed, so I am pleased this new Bill provides long-term assistance and improved clarity around the requirements to run an incorporated society.”