Any society of not less than 15 people associated for any lawful purpose but not for pecuniary gain may incorporate under the Incorporated Societies Act 1908.
Examples of groups becoming incorporated under the Incorporated Societies Act include Runanga, Taurahere and Hauora.
The main advantages of an incorporated society are:
The main disadvantages of an incorporated society are:
The incorporated societies structure is not suitable for commercial activities.
An incorporated society is more suited for hapu and iwi organisations whose objectives are social, educational, political or cultural.
The board makes decisions on behalf of the society. A board's essential role is to lead the organisation safely and successfully into the future. Although incorporated societies are not able to make a profit for the members they still have objectives that need to be met if the organisation is to survive and prosper.
An effective board will contain a balance of experience and skills, follow the philosophy of collective responsibility and communicate appropriately with members.
Last modified: 31/05/2011
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