Cap. 16 Art. 50Purposes.

(1) The statute of an association must clearly specify a purpose.

(2)The assets of an association may originate from any lawful business or activity and may consist of present or future assets of any nature. (3)Failure to specify a purpose shall result in the nullity of the agreement and the Registrar shall not accept to register such an association until such time as the purpose is clear and unambiguous. (4)The members of an association may add to the purpose for the achievement of which the association was originally created, by extending it to cover such other purposes of a similar nature as are clearly set down in a second written instrument consented to by such number of members as is necessary to amend the statute. (5)A public benefit association may not have its purpose changed or extended to other purposes which are not also public benefit purposes and a non-profit-making association cannot change its statute to an organisation promoting a private interest.

(6)A restriction on the number of members which is proportionate to the physical and other resources of an association from time to time or the existence of a membership committee with the power to accept or refuse new members in an association, shall not, on its own, imply that such association is one for private benefit.