Victorian Current Acts

ASSOCIATIONS INCORPORATION REFORM ACT 2012 - SECT 30

Subject to its rules, an incorporated association may—

        (a)     invest and deal with money of the association not immediately required in any manner as it thinks fit; and

        (b)     raise and borrow money on any terms and in any manner as it thinks fit; and

        (c)     secure the repayment of money raised or borrowed by the association or the payment of a debt or liability of the association by giving mortgages, charges or securities on or over all or any of the property of the association; and

        (d)     do anything that is incidental or conducive to the attainment of the purposes and the exercise of the powers of the association.