Incorporated Societies Act 2022

Administration of societies - Committee and officers - Officers’ duties

54: Duty of officers to act in good faith and in best interests of society

You could also call this:

"People in charge of a society must make honest and fair decisions that help the society."

Illustration for Incorporated Societies Act 2022

You have a role in a society, and you must do your job honestly and fairly. You must make decisions that you think are best for the society. When you make decisions, you can consider what is good for the society's employees if it stops doing some or all of its activities. You can make plans to help the society's employees, including former employees and their families, if the society stops doing some or all of its activities. This includes people who used to work for the society and their families, but it does not include employees who are also officers of the society. More information about this can be found by comparing it to the 1993 legislation and other related laws.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS100929.

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53: Validity of officer’s acts, or

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Part 3Administration of societies
Committee and officers: Officers’ duties

54Duty of officers to act in good faith and in best interests of society

  1. An officer, when exercising powers or performing duties as an officer, must act in good faith and in what the officer believes to be the best interests of the society.

  2. This section does not limit the power of an officer to make provision for the benefit of employees of the society in connection with the society ceasing to carry on the whole or part of its activities.

  3. In subsection (2), employees includes former employees and the dependants of employees or former employees, but does not include an employee or a former employee who is or was an officer of the society.

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