(1) The Director may, by written notice to an incorporated association, appoint a statutory manager to administer the affairs of the association if the Director is satisfied:
(a) the number of members of the association is less than the minimum number required by section 26 or the association's constitution; or
(b) the association's incorporation has been obtained by fraud or mistake; or
(c) the association exists for an illegal purpose; or
(d) the association has wilfully contravened a provision of this Act, the Regulations or the association's constitution, notice of which was given by the Director; or
(e) following an investigation under this Act into the affairs of the association, the appointment is in the interests of members or creditors of the association or in the public interest, whether because of the financial condition of the association or otherwise.
(2) The notice of appointment must specify:
(a) the date of appointment; and
(b) the appointee's name; and
(c) the appointee's business address.
(3) If the appointee's name or business address changes, the appointee must immediately give written notice of the change to the Director.