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Who can be an officer of an Incorporated Society?
Under the new Incorporated Societies Act 2022 (“the Act”), the criteria for who can be an incorporated society officer has been expanded.
An officer must consent in writing to be being an officer and must:
- Be over 16;
- Not be an undischarged bankrupt;
- Not be prohibited from being a director or promotor of, or taking part in, management of a company under the Companies Act, Financial Markets Conduct Act 2013, or Takeovers Act 1993;
- Not be disqualified from being an officer of a charitable entity under the Charities Act 2005;
- Not have been charged with dishonesty offences, tax-related offences, money laundering offences, or similar offences in other countries, offences under the Incorporated Societies, Act or other similar dishonesty and finance-related crimes, in the last 7 years; and
- Not be subject to a personal management order (e.g. if you have lost capacity).
A society must also nominate a Contact Person for MBIE. The Contact Person has no extra duties, or is subject to any offence provisions, and is just a contact person for the Ministry. They do not need to be an Officer of the society.
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Claire Tyler
Partner
Wellington