Constitution and By-laws
The Australian Water Association operates under rules contained in a Constitution
and supporting By-laws
Australian Water Association Limited is a company limited by guarantee and a registered charity.
A company limited by guarantee is a type of public company registered under the Corporations Act 2001 (Cth). The liability of members is limited to the amount they agree to contribute if the company is wound up.
When joining the Australian Water Association, all members are required formally to acknowledge their agreement to abide by the Constitution which includes a clause limiting each member's liability to $20 upon the winding-up of the Company.
The regulator for companies in Australia is the Australian Securities and Investment Commission (ASIC).
Australian Water Association Limited is registered as a charity with the Australian Charities and Not-for-profits Commission (ACNC), which is the regulator for charities in Australia. Registered charities meet the ACNC’s legal meaning of being a charity and have ongoing obligations to the ACNC.