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ASSOCIATIONS INCORPORATION ACT 1981 - SECT 25
General powers
25 General powers
(1) An incorporated association has, in the exercise of its affairs, all the
powers of an individual.
(2) An incorporated association may, for example—
(a) enter into contracts; and
(b) acquire, hold, deal with and dispose of
property; and
(c) make charges for services and facilities it supplies; and
(d) do other things necessary or convenient to be done in carrying out its
affairs.
(3) An incorporated association may also issue secured and unsecured
notes, debentures and debenture stock for the association.
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