If you are a group of 5 people with a specified purpose, you may choose to register to become an incorporated association. It is a simple and inexpensive way to establish a legal entity and limit the liability of members.
The purpose of an incorporated association must be:
- religious, educational, benevolent or charitable
- to provide medical treatment or attention
- to promote or encourage literature, science, art or a cultural activity
- to provide recreation or amusement
- to beautify or improve a community centre.
Incorporated associations must:
- have a legal constitution or rules of operation that have been approved by members
- appoint a public officer. A public officer is the association's legal representative
- submit annual accounts or annual returns.