What is an Incorporated Association?
Incorporated associations are not-for-profit organisations, registered by Consumer, Building and Occupational Services (CBOS) under the Associations Incorporation Act 1964. The Associations Incorporation Regulations have been renewed and take effect from 28 November 2017.
Incorporation is a voluntary, inexpensive way of creating a legal entity.
It is suitable for community based groups and gives the association a legal identity that continues despite any membership changes.
You can recognise an incorporated association by the word incorporated or the abbreviation Inc and the end of its name.
An incorporated association:
- can operate regardless of changes to its membership
- can accept gifts and donations
- can enter into contracts
- can apply for government grants
- have the automatic approval to solicit for charitable donations in the state of Tasmania