What to know about new rules for incorporated societies

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What to know about new rules for incorporated societies

Barry Baker and Jadene Windley

Wednesday 18 September 2024, 02:15 PM

Illustration books working CR AlisaRut on iStock

Societies that fail to re-register will lose their incorporated status, exposing members to personal liability [Image: AlisaRut on iStock]

From updated constitutions to new financial reporting standards, Barry Baker and Jadene Windley outline what societies must do to ensure a smooth transition to meet new legislation requirements

The Incorporated Societies Act 2022 introduced significant changes affecting approximately 24,000 societies in New Zealand. To maintain their incorpor

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