NAME
1. The name of the incorporated association shall be TOWNSVILLE
SPORTFISHING CLUB INC. (In these Rules called "the Association")
OBJECTS
2. The objects for which the Association is established
are:-
a) To indulge in and actively promote Sportfishing;
b) To affiliate with the Australian National Sportfishing
Association;
c) Adopt the Fishing Rules of the Australian National Sportfishing
Association;
d) To endeavour to ensure that club members abide by the
Fishing Rules of the Australian National Sportfishing Association;
e) To keep and maintain records of fish captures and to
lodge on behalf of members claims for State or Australian
Sportfishing record fish captures;
f) To engage in competition with other Clubs affiliated
directly or indirectly with the Australian Sportfishing Association;
g) To do such acts and things as may be deemed necessary
to achieve any or all of the above objects.
POWERS
1. The powers of the Association are:-
1) To take over the funds and other assets and the liabilities
of the present unincorporated association known as the "TOWNSVILLE
SPORTFISHING CLUB";
2) To subscribe to, become a member of and co-operate with
any other association, club or organisation, whether incorporated
or not, whose objects are altogether or in part similar to
those of the Association provided that the Association shall
not subscribe to or support with its funds any club, association
or organisation which does not prohibit the distribution
of its income and property among its members to an extent
at least as great as that imposed on the Association under
or by virtue of rule 28 (10);
3) In furtherance of the objects of the Association to buy,
sell and deal in all kinds of articles, commodities and provisions,
both liquid and solid, for the members of the Association
or persons frequenting the Association's premises;
4) To purchase, take on lease or in exchange, hire and otherwise
acquire and lands, buildings, easements or property, real
and personal, and any rights or privileges which may be requisite
for the purposes of, or capable of being conveniently used
in connection with, any if the objects of the Association:
Provided that in case the Association shall take or hold
any property which may be subject to any trusts the Association
shall only deal with the same in such manner as is allowed
by law having regard to such trusts;
5) To enter into any arrangements with any Government or
Authority that are incidental or conducive to the attainment
of the objects and the exercise of the powers of the Association;
to obtain from any such Government or Authority any rights,
privileges and concessions which the Association may think
it desirable to obtain; and to carry out, exercise and comply
with any such arrangement, rights, privileges and concessions;
6) To appoint, employ, remove or suspend such managers,
clerks, secretaries, servants, workmen and other persons
as may be necessary or convenient for the purposes of the
Association;
7) To remunerate any person or body corporate for services
rendered, or to be rendered, and whether by way of brokerage
or otherwise in placing or assisting to place or guaranteeing
the placing of any unsecured notes, debentures or other securities
of the incorporated association, or in or about the incorporated
association or in the furtherance of its objects;
8) To construct, improve, maintain, develop, work, manage,
carry out, alter or control any houses, buildings, grounds,
works or conveniences which may seem calculated directly
or indirectly to advance the association's interests, and
to contribute to, subsidise or otherwise assist and take
part in the construction, improvement, maintenance development,
working, management, carrying out, alteration or control
thereof;
9) To invest and deal with the money of the Association
not immediately required in such manner as may from time
to time be thought fit;
10) To take, or otherwise acquire, and hold shares, debentures
or other securities of any company or body corporate;
11) In furtherance of the objects of the Association to
lend and advance money or give credit to any person or body
corporate; to guarantee and give guarantees or indemnities
for the payment of money or the performance of contracts
or obligations by any person or body corporate, and otherwise
to assist any person or body corporate;
12) To borrow or raise money either alone or jointly with
any other person or legal entity in such manner as may be
thought proper and whether upon fluctuating advance account
or overdraft or otherwise to represent or secure nay mons
and further advances borrowed or to be borrowed alone or
with others as aforesaid by notes secured or unsecured, debentures
or debenture stock perpetual or otherwise, or by mortgage,
charge, lien or other security upon the whole or any part
of the incorporated association's property or assets present
or future and to purchase, redeem or pay-off any such securities;
13) To draw, make, accept, endorse, discount, execute and
issue promissory notes, bill of exchange, bills of lading
and other negotiable or transferable instruments;
14) In furtherance of the objects of the Association to
sell, improve, manage, develop, exchange, lease, dispose
of, turn to account or otherwise deal with all or any part
of the property and rights of the Association;
15) To take hold of mortgages, liens or charges, to secure
payment of the purchase price, or any unpaid balance of the
purchase price, of any part of the Association's property
of whatsoever kind sold by the Association, or any money
due to the Association from purchasers and others;
16) To take any gift of property whether subject to any
special trust or not, for any one or more of the objects
of the Associations but subject always to the proviso in
sub-rule (4);
17) To take such steps by personal or written appeals, public
meetings, or otherwise, as may from time to time be deemed
expedient for the purpose of procuring contributions to the
funds of the Association, in the shape of donations, annual
subscriptions or otherwise;
18) To print and publish and newspapers, periodicals, books
or leaflets that the Association may think desirable for
the promotions of its objects;
19) In furtherance of the objects of the Association to
amalgamate with any one or more incorporated associations
having objects altogether or in part similar to those of
the Association and which shall prohibit the distribution
of its or their income and property among its or their members
to an extent at least as great as that imposed upon the Association
under or by virtue of rule 28 (10);
20) In furtherance of the objects of the Association to
purchase or otherwise acquire and undertake all or any part
of the property, assets, liabilities and engagements of any
one or more of the incorporated associations with which the
Association is authorised to amalgamate;
21) In furtherance of the objects of the Association to
transfer all or any part of the property assets, liabilities
and engagements of the Association to any one or more of
the incorporated associations with which the Association
is authorised to amalgamate;
22) To make donations for patriotic, charitable or community
purposes;
23) To transact any lawful business in aid of the Commonwealth
of Australia in the prosecution of any war in which the Commonwealth
of Australia is engaged;
24) To do all such other things as are incidental or conducive
to the attainment of the objects and the exercise of the
powers of the Association.
CLASSES OF MEMBERS
4. (1) the membership of the Association shall consist of
ordinary members, and any of the following classes of members:-
a) Honorary life members;
b) Ordinary members;
c) Lady members;
d) Junior members;
e) Family membership;
f) Honorary members.
(2) The number of ordinary members shall be unlimited.
MEMBERSHIP
5. (1) Every person who at the date of incorporation of
the Association was a member of the unincorporated association
and who on or before the 31st day of December 1992, agrees
in writing to become a member of the Association shall be
admitted by the Management Committee to the same class of
membership of the Association as that member held in the
unincorporated association. Every member of the Association
who previously to this agreeing to become a member of the
Association has paid his subscription due on the 1st day
of July 1992, as a member of the unincorporated association,
shall not be liable to pay any further sum by way of annual
subscription to the Association for the period prior to the
1st day of July 1993.
(2) Every applicant for any class of membership of the Association
(other that the members of the unincorporated association
referred to in sub-rule (1)) shall be proposed by one member
of the Association and seconded by another member. The application
for membership shall be made in writing, signed by the applicant
and its proposer and seconder and shall be in such form as
the Management Committee from time to time prescribes.
MEMBERSHIP FEES
6. (1) the membership fees for each class of membership
shall be such sum as the members shall from time to time
at any general meeting so determine.
(2) The membership fees for each class of membership shall
be payable at such time and in such manner as the Management
Committee shall from time to time determine.
ADMISSION AND REJECTION OF MEMBERS
7. (1) At the next meeting of the Management Committee after
the receipt of any application and the fee applicable for
any class of membership, such application shall be considered
by the Management Committee, who shall thereupon determine
upon the admission or rejection of the applicant.
(2) Any applicant who receives a majority of the votes of
the members of the Management Committee present at the meeting
at which such application is being considered shall be accepted
as a member of the class of membership applied for.
(3) Upon the acceptance or rejection of an application for
any class of membership the secretary shall forthwith give
the applicant notice in writing of such acceptance or rejection.
TERMINATION OF MEMBERSHIP
8. (1)A member may resign from the Association at any time
by giving notice in writing to the secretary. Such resignation
shall take effect at the time such notice is received by
the secretary unless a later date is specified in the notice
when it shall take effect on that later date.
(2) If a member -
(i) Is convicted of an indictable offence; or
(ii) Fails to comply with any of the provisions of these
Rules; or
(iii) Has membership fees in arrears for a period of two
months or more; or
(iv) Conduct themselves in a manner considered to be injurious
or prejudicial to the character or interests of the association,
the Management Committee shall consider whether their membership
shall be terminated.
(3) The member concerned shall be given a full and fair
opportunity of presenting their case and if the Management
Committee resolves to terminate his membership it shall instruct
the secretary to advise the member in writing accordingly.
APPEAL AGAINST REJECTION OR TERMINATION OF MEMBERSHIP.
9. (1)A person whose application for membership has been
rejected or whose membership has been terminated may within
one month of receiving written notification thereof, lodge
with the secretary written notice of the intention to appeal
against the decision of the Management Committee.
(2)Upon receipt of a notification of intention to appeal
against rejection or termination of membership the secretary
shall convene, within three months of the date of receipt
by member of such notice, a general meeting to determine
the appeal. At any such meeting the applicant shall be given
the opportunity to fully present their case and the Management
Committee or those members thereof who rejected the application
for membership or terminated the membership subsequently
shall likewise have the opportunity of presenting its or
their case. The appeal shall be determined by the vote of
the members present at such meeting.
(3)Where a person, whose application is rejected, does not
appeal against the decision of the Management Committee within
the time prescribed by these Rules or so appeals but the
appeal is unsuccessful, the secretary shall forthwith refund
the amount of any fee paid.
REGISTER OF MEMBERS.
10. (1) The Management Committee shall cause a Register
to be kept in which shall be entered the names and residential
addresses of all persons admitted to membership of the Association
and the dates of their admission.
(2)Particulars shall also be entered into the Register,
of deaths, resignations, terminations and reinstatements
of membership and any further particulars as the Management
Committee or the members at any general meeting may require
from time to time.
(3)The Register shall be open for inspection at all reasonable
times by any member who previously applies to the secretary
for such inspection.
MEMBERSHIP OF MANAGEMENT COMMITTEE
11. (1) The Management Committee of the Association shall
consist of a President, Vice-President, Secretary, Treasurer,
all of whom shall be members of the Association, and such
number of other members as the members of the Association
at any general meeting may from time to time elect or appoint.
(2) At the Annual General Meeting of the Association, all
of the members of the Management Committee for the time being
shall retire from office, but shall be eligible for nomination
for re-election.
(3) The election of officers and other members of the Management
Committee shall take place in the following manner:-
(a) Any two members of the Association shall be at liberty
to nominate any other member to serve as an officer or other
member of the Management Committee;
(b) The nomination, which shall be in writing and signed
by the member and his proposer and seconder, shall be lodged
with the secretary at least fourteen days before the annual
general meeting at which the election is to take place;
(c) A list of the candidates' names in alphabetical order,
shall be posted in a conspicuous place in the office or usual
place of meeting of the Association for at least seven days
immediately preceding the annual general meeting.
(d) Balloting lists shall be prepared (if necessary) containing
the names of the candidates in alphabetical order, and each
member present at the annual general meeting shall be entitled
to vote for any number of such candidates not exceeding the
number of vacancies;
(e) Should, at the commencement of such meeting, there be
an insufficient number of candidates nominated, nominations
may be taken from the floor of the meeting.
12. Any member of the Management Committee may resign from
membership of the Management Committee at any time by giving
notice in writing to the Secretary but such resignation shall
take effect at the time such notice is received by the Secretary
unless a later date is specified in the notice when it shall
take effect on that later date or such member may be removed
from office at a general meeting of the Association where
that member shall be given the opportunity to fully present
their case. the question of removal shall be determined by
the vote of the members present at such a general meeting.
VACANCIES ON MANAGEMENT COMMITTEE.
13. (1) The Management Committee shall have power at any
time to appoint any member of the Association to fill any
casual vacancy on the Management Committee until the next
Annual General Meeting.
(2) The continuing members of the Management Committee may
act notwithstanding any casual vacancy in the Management
Committee, but if and so long as their number is reduced
below the number fixed by or pursuant to these Rules as the
necessary quorum of the Management Committee, the continuing
member or members may act for the purpose of increasing the
number of members of the Management Committee to that number
or of summoning a general meeting of the Association, but
for no other purpose.
FUNCTIONS OF THE MANAGEMENT COMMITTEE.
14. (1) except as otherwise provided by these Rules and
subject to resolutions of the members of the Association
carried at any general meeting the Management Committee -
(a) Shall have the general control and management of the
administration of the affairs, property, servants and funds
of the Association; and
(b) Shall have authority to interpret the meaning of these
Rules and any matter relating to the Association on which
these Rules are silent.
(2)The Management Committee may exercise all the powers
of the Association -
(a) to borrow or raise or secure the payment of money in
such manner as the members of the Association may think fit
and secure the same or the payment or performance of any
debt, liability, contract, guarantee or other engagement
incurred or to be entered into by the Association in any
way and in particular by the issue of debentures, perpetual
or otherwise, charged upon all or any of the Association's
property, both present and future, and to purchase, redeem
or pay off any such securities;
(b) to borrow money from members at a rate of interest not
exceeding interest at the rate for the time being charged
by bankers in Brisbane for overdrawn accounts on money lent,
whether the term of the loan be short or long, and to mortgage
or charge its property or any part thereof and to issue debentures
and other securities, whether outright or as security for
any debt, liability or obligation of the Association, and
to provide and pay off any such securities; and
(c) To invest in such manner as the members of the Association
may from time to time determine.
MEETINGS OF MANAGEMENT COMMITTEE.
15. (1)The Management Committee shall meet at least once
every calendar month to exercise its functions.
(2)A special meeting of the Management Committee shall be
convened by the secretary on the requisition in writing of
signed by not less than one-third of the members of the Management
Committee, which requisition shall clearly state the reasons
why such special meeting is being convened and the nature
of the business to be transacted thereat.
(3)At every meeting of the Management Committee a simple
majority of a number equal to the member of members elected
and/or appointed to the Management Committee as at the close
of the last general meeting of the members, shall constitute
a quorum.
(4)Subject as previously provided in this rule, the Management
Committee may meet together and regulate its proceedings
as it thinks fit: Provided that questions arising at any
meeting of the Management Committee shall be decided by a
majority of votes and, in the case of equality of votes,
the question shall be deemed to be decided in the negative.
(5)A member of the Management Committee shall not vote in
respect of any contract or proposed contract with the Association
in which he is interested, or any matter arising thereout,
and if he does so vote his vote shall not be counted.
(6)Not less than fourteen days' notice shall be given by
the secretary to members of the Management Committee of any
special meeting of the Management Committee. Such notice
shall clearly state the nature of the business to be discussed
thereat.
(7)The President shall preside as Chairman at every meeting
of the Management Committee, or if there is no President,
or if at any meeting he is not present within ten minutes
after the time appointed for holding the meeting, the Vice-President
shall be Chairman or if the Vice-President is not present
at the meeting them the members may choose one of their number
to be Chairman of the meeting. (8)If within half an hour
from the time appointed for the commencement of a Management
Committee meeting a quorum is not present, the meeting, if
convened upon the requisition of members of the Management
Committee, shall lapse.
16 (1) The Management Committee may delegate any of its
powers to a sub-committee consisting of such members of the
Association as the Management Committee thinks fit. Any sub-committee
so formed shall in the exercise of the powers so delegated
conform to any regulations that may be imposed on it by the
Management Committee.
(2)A sub-committee may elect a Chairman of its meetings.
If no such Chairman is elected, or if at any meeting the
Chairman is not present within ten minutes after the time
appointed for holding the meeting, the members present may
choose one of their numbers to be Chairman of the meeting.
(3)A sub-committee may meet and adjourn as it thinks proper.
Questions arising at any meeting shall be determined by a
majority of votes of the members present and, in the case
of an equality of votes, the question shall be deemed to
be decided in the negative.
17. All acts done by any meeting of the Management Committee
or of a sub-committee or by any person acting as a member
of the Management Committee shall, notwithstanding that it
is afterwards discovered that there was some defect in the
appointment of any such member of the Management Committee
or person acting as aforesaid, or that the members of the
Management Committee or any of them were disqualified, be
as valid as if every person had been duly appointed and was
qualified to be a member of the Management Committee.
18. A resolution in writing signed by all the members of
the Management Committee for the time being entitled to receive
notes of a meeting of the Management Committee shall be as
valid and effectual as if it had been passed at a meeting
of the Management Committee duly convened and held. Any such
resolution may consist of several documents in like form,
each signed by one or more members of the Management Committee.
ANNUAL GENERAL OR GENERAL MEETINGS.
19. The first general meeting shall be held at such time,
not being less than one month nor more than three months
after the incorporation of the Association, and at such place
as the Management Committee may determine.
20. (1) the annual general meeting shall be held within
three months of the close of the financial year.
(2)The business to be transacted at every annual general
meeting shall be -
(a)the receiving of the Management Committee's report and
the statement of income and expenditure, assets and liabilities
and mortgages, charges and securities affecting the property
of the association for the preceding financial year;
(B) The receiving of the auditor's report upon the books
and accounts for the preceding financial year;
(C) The election of members of the Management Committee;
and
(D) The appointment of an auditor.
21 The Secretary shall convene a special general meeting
-
(A) when directed to do so by the Management Committee.
Or
(b) on the requisition in writing signed by not less than
one-third of the members presently on the Management Committee
or not less than the number of ordinary members of the Association
which equals double the number of members presently on the
Management Committee plus one. Such requisition shall clearly
state the reasons why such special general meeting is being
convened and the nature of the business to be transacted
thereat; or
(c) On being given a notice in writing of an intention to
appeal against the decision of the Management Committee to
reject an application for membership or to terminate the
membership of any person.
22. (1) at any general meeting the number of members required
to constitute a quorum shall be double the number of members
presently on the Management Committee plus one.
(2) No business shall be transacted at any general meeting
unless a quorum of members is present at the time when the
meeting proceeds to business. For the purpose of this rule "member" includes
a person attending as a proxy or as representing a corporation
which is a member.
(3) If within half an hour from the time appointed for the
commencement of a general meeting a quorum is not present,
the meeting, if convened upon the requisition of members
of the Management Committee or the Association, shall lapse.
In any other case it shall stand adjourned to the same day
in the next week at the same time and place, or to such other
day and at such other time and place as the Management Committee
may determine, and if at the adjourned meeting a quorum is
not present within half an hour from the time appointed for
the meeting, the members present shall be a quorum.
(4) The Chairman may, with the consent of any meeting at
which a quorum is present (and shall if so directed by the
meeting), adjourned the meeting from time to time and from
place to place, but no business shall be transacted at any
adjourned meeting other than the businesses left unfinished
at the meeting from which adjournment took place. When a
meeting is adjourned for thirty days or more, notice of the
adjourned meeting shall be given as in the case of an original
meeting. Save as aforesaid it shall not be necessary to give
any notice of an adjournment or of the business to be transacted
at the adjourned meeting.
23. (1) The Secretary shall convene all general meetings
of the Association by giving not less that 14 days notice
of any such meeting to the members of the Association.
(2) The manner by which such notice shall be given shall
be determined by the Management Committee: Provided that
notice of any meeting convened for the purpose of hearing
and determining the appeal of a member against the rejection
or termination of his membership by the Management Committee,
shall be given in writing. Notice of a general meeting shall
clearly state the nature of the business to be discussed
thereat.
24. Unless otherwise provided by these Rules, at every general
meeting -
(1) the President shall preside as Chairman, or if there
is no President, or if he is not present within fifteen minutes
after the time appointed for the holding of the meeting or
is unwilling to act, the Vice-president shall be the Chairman
or if the Vice-president is not present shall elect one of
their number to be Chairman of the meeting;
(2) The Chairman shall maintain order and conduct the meeting
in a proper and orderly manner;
(3) Every question, matter or resolution shall be decided
by a majority of votes of the members present;
(4) Every member present shall be entitled to one vote and
in the case of an equality of votes the Chairman shall have
a second or casting vote: Provided that no member shall be
entitled to vote at any general meeting if his annual subscription
is more than one month in arrears at the date of the meeting;
(5) Voting shall be by show of hands or a division of members,
unless not less than one-fifth of the members present demand
a ballot, in which event there shall be a secret ballot.
The Chairman shall appoint two members to conduct the secret
ballot in such manner as he shall determine and the result
of the ballot as declared by the Chairman shall be deemed
to be the resolution of the meeting at which the ballot was
demanded;
(6) a member may vote in person or by proxy or by attorney
and on a show of hands every person present who is a member
or a representative of a member shall have one vote and in
a secret ballot every member present in person or by proxy
or by attorney or other duly authorised representative shall
have one vote;
(7) the instrument appointing a proxy shall be in writing,
in the common or usual form under the hand of the appointer
or of his attorney duly authorised in writing or, if the
appointer is a corporation, either under seal or under the
hand of an officer or attorney duly authorised. A proxy may
but need not be a member of the Association. The instrument
appointing a proxy shall be deemed to confer authority to
demand or join in demanding a secret ballot;
(8) where it is desired to afford members an opportunity
of voting for or against a resolution the instrument appointing
a proxy shall be in the following form or a form as near
thereto as circumstances permit:-
ASSOCIATION: Townsville Sportfishing Club Inc.
I,
of
.being a member of the above
named Association, hereby appoint
of
..or
failing him/her,
of as my proxy to vote for me
on my behalf at the (annual) general meeting of the Association,
to be held on the
day of
..20_ _, and at any adjournment
thereof.
Signed this
..day of
.., 20 _ _
Signature................................................
This form is to be used * in favour of * against the resolution.
* Strike out whichever is not desired. (Unless otherwise
instructed, the proxy may vote as he thinks fit.);
(9) The instrument appointing a proxy shall be deposited
with the Secretary prior to the commencement of any meeting
or adjourned meeting at which the person named in the instrument
proposes to vote; and
(10) The Secretary shall cause full and accurate minutes
of all questions, matters, resolutions and other proceedings
of every Management Committee meeting and general meeting
to be entered in a book to be open for inspection at all
reasonable times by any financial member who previously applies
to the Secretary for that inspection. For the purposes of
ensuring the accuracy of the recording of such minutes, the
minutes of every Management Committee meeting shall be signed
by the Chairman of that meeting or the Chairman of the next
succeeding Management Committee Meeting verifying their accuracy.
Similarly, the minutes of every general meeting shall be
signed by the Chairman of that meeting or the Chairman of
the next succeeding general meeting: Provided that the minutes
of any annual general meeting shall be signed by the Chairman
of that meeting or the Chairman of the next succeeding general
meeting or annual general meeting.
BY-LAWS
25. The Management Committee may from time to time make,
amend or repeal by-laws, not inconsistent with these Rules,
for the internal management of the Association and any by-law
may be set aside by a general meeting of members.
ALTERATION OF RULES
26. Subject to the provisions of the Associations Incorporation
Act 1981, these Rules may be amended, rescinded or added
to from time to time by a special resolution carried at any
general meeting: Provided that no such amendment, rescission
or addition shall be valid unless the same shall have been
previously submitted to and approved by the Under Secretary,
Department of Justice, Brisbane.
COMMON SEAL
27. The Management Committee shall provide for a Common
Seal and for its safe custody. The Common Seal shall only
be used by the authority of the Management Committee and
every instrument to which the seal is affixed shall be signed
by a member of the Management Committee and shall be countersigned
by the Secretary or by a second member of the Management
Committee or by some other person appointed by the Management
Committee for the purpose.
FUNDS AND ACCOUNTS
28. (1) the funds of the Association shall be banked in
the name of the Association in such bank as the Management
Committee may from time to time direct.
(2)Proper books and accounts shall be kept and maintained
either in written or printed form in the English language
showing correctly the financial affairs of the Association
and the particulars usually shown in the books of a like
nature.
(3) All moneys shall be banked as soon as practicable after
receipt thereof.
(4) All amounts of twenty dollars ($20) or over shall be
paid by cheque signed by any two of the President, Secretary,
Treasurer or other member authorised from time to time by
the Management Committee.
(5) Cheques shall be crossed "not negotiable" except
those in payment of wages, allowances or petty cash re coupments
which may be open.
(6) The Management Committee shall determine the amount
of petty cash which shall be kept on the imprest system.
(7) All expenditure shall be approved or ratified at a Management
Committee meeting.
(8) As soon as practicable after the end of each financial
year the Treasurer shall cause to be prepared a statement
containing particulars of -
(a) The income and expenditure for the financial year just
ended; and
(b) The assets and liabilities and of all mortgages, charges
and securities affecting the property of the Association
at the close of that year.
(9) All such statements shall be examined by the auditor
who shall present his report upon such audit to the Secretary
prior to the holding of the annual general meeting next following
the financial year in respect of which such audit was made.
(10) The income and property of the Association whencesoever
derived shall be used and applied solely in promotion of
its objects and in the exercise of its powers as set out
herein and no portion thereof shall be distributed, paid
or transferred directly or indirectly by way of dividends,
bonus or otherwise by way of profit to or amongst the members
of the Association provided that nothing herein contained
shall prevent the payment in good faith of interest to any
member in respect of moneys advanced by him to the Association
or otherwise owing by the Association to him or of remuneration
to any officers or servants of the Association or to any
member of the Association or other person in return for any
services actually rendered to the Association provided further
that nothing herein contained shall be construed so as to
prevent the payment or repayment to any member of out of
pocket expenses, money lent, reasonable and proper charges
for goods hired by the Association or reasonable and proper
rent for premises demised or let to the Association.
DOCUMENTS
29. The Management Committee shall provide for the safe
custody of books, documents, instruments of title and securities
of the Association.
FINANCIAL YEAR
30. The financial year of the year of the Association shall
close on 30 June in each year.
DISTRIBUTION OF SURPLUS ASSETS
31. If the Association shall be wound up in accordance with
the provisions of the Associations Incorporation Act 1981,
and there remains, after satisfaction of all its debts and
liabilities, any property whatsoever, the same shall not be
paid to or distributed amongst the members of the Association,
but shall be given or transferred to some other institution
or institutions having objects similar to the objects of the
Association, and which shall prohibit the distribution of its
or their income and property among its or their members to
an extent at least as great as is imposed on the Association
under or by virtue of Rule 28 (10) such institution or institutions
to be determined by the members of the Association.
Main
