(1) A person who is aggrieved by the cancellation of the incorporation of an association may, at any time within 15 years after the cancellation, apply to the Supreme Court for an order to reinstate the incorporation of the association.
(2) On the application made by a person under subsection (1), the Supreme Court may, if satisfied that it is just that the incorporation of the association be reinstated, order the Registrar to reinstate the incorporation of the association.
(3) The order may be subject to any directions and conditions the Supreme Court thinks fit including directions in relation to the transfer back to the association of property vested in the Registrar under section 140.
(4) On the reinstatement of the incorporation of
the association the incorporated association is taken to have continued in
existence as if its incorporation had not been cancelled.
Part 11—Corporations legislation
Division 1—Exclusion from Corporations legislation