Incorporated Societies Act 2022

The Incorporated Societies Act 2022 came into effect on 5 October 2023. Existing societies must reregister under this new Act before April 2026 to remain on the register. If you don’t your society will cease to exist, which can have significant impacts on your funding and operations.  

There are a few things your society will need to do before it reregisters, such as preparing some documents and possibly adopting some new processes to comply with the 2022 Act, so it's a good time to look at how your organisation runs and whether your rules and processes are fit for purpose. Check out the New Zealand Companies Office for further information.

Parry Field Lawyers have also created a helpful guide to navigating registrations that you can view here.

Volunteering New Zealand & Hui E Community Aotearoa hosted an informative webinar on The Incorporated Societies Act 2022 and what it means for you. The recording is available here.

The new Incorporated Societies Act introduces several important changes to financial reporting. The External Reporting Board has put together a handy Need to Know session explaining what’s changing, including an overview of the Tier 3 and 4 Standards and key things to consider.