What is Incorporation?
When a club or community group incorporates, it becomes a ‘legal person’ – that is, a legal entity that stays the same even if its members change. It can enter into contracts in its own name; for example, to borrow money or buy equipment. This protects the individual members of the association from legal liabilities.
Source: Consumer Affairs Website
Is my Club Incorporated?
Your club will be incorporated because it is a requirement of affiliation with Pony Club Victoria.
What do I need to know about Incorporation?
Incorporated Club have to undertake some tasks and hold various documents these are listed below:
- Hold an AGM every year under the guidelines set in your Rules of Incorporation
- Submit to Consumer Affairs your club's Annual Statement
- Know where your Rules of Incorporation are and ensure they are up to date
Learn more at the Consumer Affairs website