Differences between version 5 and previous revision of IncorporatedSociety.
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Newer page: | version 5 | Last edited on Saturday, October 16, 2004 12:18:53 pm | by CraigBox | Revert |
Older page: | version 4 | Last edited on Saturday, October 16, 2004 2:12:23 am | by AristotlePagaltzis | Revert |
@@ -1,5 +1,5 @@
-An IncorporatedSociety is a legal entity that has been registered under the __Incorporated Societies Act__. Becoming an IncorporatedSociety allows a group or organisation to run its affairs as if it were an individual person. Any group of 15 or more people may form an IncorporatedSociety -- companies and other IncorporatedSocieties
may be members of an IncorporatedSociety but they only count as one member.
+An IncorporatedSociety is a legal entity that has been registered under the __Incorporated Societies Act__. Becoming an IncorporatedSociety allows a group or organisation to run its affairs as if it were an individual person. Any group of 15 or more people may form an IncorporatedSociety -- companies and other Incorporated Societies
may be members of an IncorporatedSociety but they only count as one member.
An IncorporatedSociety is able to do anything provided
* it is lawful,
* it is not for the financial gain of the members,