Document ID: chunk:federal_register_of_legislation:C2004A01183:clause:1_140ze
Version: federal_register_of_legislation:C2004A01183
Segment Type: clause
Provision Reference: sch 1 cl 140ZE
Character Range: 21956–23731

140ZE  New members of committees of management

 (1) If a person becomes a member of the committee of management of an unincorporated association after it is approved as a sponsor, the new member may elect to accept each sponsorship obligation that:
 (a) would, but for subsection 140ZD(1) or any previous application of this section, be imposed on the association; and
 (b) arises after the new member makes the election.

 (2) If the new member accepts an obligation:
 (a) the obligation is imposed on the new member instead of on the association's committee of management; and
 (b) the obligation is imposed on the new member regardless of whether it is also imposed on any other member or former member.

 (3) If:
 (a) a sponsorship right would, but for subsection 140ZD(2) or any previous application of this section, be exercisable by an unincorporated association; and
 (b) the right arises after the new member makes an election under subsection (1) and does not arise because of a sponsorship obligation that existed before the election was made;
the right is:
 (c) exercisable by the new member instead of by the association's committee of management; and
 (d) exercisable by the new member regardless of whether it is also exercisable by any other member or former member.

 (4) If:
 (a) a new member of the committee of management of an unincorporated association accepts a sponsorship obligation by election under subsection (1); and
 (b) a liability to pay an amount arises from the obligation;
then the new member is jointly and severally liable to pay the amount together with:
 (c) any other member on whom the liability is also imposed under this section or section 140ZD; and
 (d) any former member who remains liable for the amount under section 140ZF.