Your questions answered: ACA’s move to a company limited by guarantee
An exciting time in the history of ACA.
Read our most frequently asked member questions and learn more about our move to a company limited by guarantee (CLG).
Why is ACA changing?
ACA Members voted by formal resolution at the ACA Annual General Meeting (AGM) in 2022 for our change in structure to ensure ACA can continue to grow, operate nationally, and achieve its strategic objectives.
What is the difference between ACA’s current legal structure and a CLG?
ACA has outgrown its structure as a not-for-profit incorporated association, registered in New South Wales, which operates under State law. The current legal structure has some limitations as ACA grows, represents members at a national level, and engages with federal departments and bodies.
A CLG is regulated by the Australian Securities and Investments Commission (ASIC). Duties, responsibilities and liabilities of individual Board Directors are specified under the Corporations Act 2001.
Most national bodies, such as Australian Psychological Society and Australian Association of Social Workers, have a CLG structure, as this legal structure best represents their size and purpose.
A summary of the differences between not-for-profit incorporated association and CLG can be found here: https://www.murfett.com.au/MurfettLegal/media/Documents/Article/56-Associations-vs-Company-Limited-by-Guarantee.pdf.
What if I have more questions?
If you have further questions, please direct them to the ACA Secretary at [email protected].
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