Incorporated Association
Summary
An association or group of people who, as a group, are recognised as a legal entity separate from its members. An association may be incorporated under commonwealth, state or territory legislation. Once incorporated, an association has all the powers of an individual and is legally able to do things in its own name, such as own land, sign a lease, or appear in court.Extended Definition
Incorporation usually requires the payment of application fees, obliges the association to be audited and to lodge financial returns. It requires that the association comply with the legislative provision under which it is incorporated regarding the running of the association and may require the association to hold a public liability insurance policy.