Thursday, 5 July 2007

Legal advice from Hugh Murray

Chloe and David met with Hugh Murray to get some advice on the
constitution and ensure the association rules are up-to-date.
Currently the rules are from 1964 with a series of amendments.

Hugh recommended we make no change at the AGM but convene a special
general meeting soon after and resolve to adopt new model rules, with
no amendments, or his suggestion is that we change the structure to a
company with limited guaranty, which is common for charitable
organisations. The benefits of each need to be looked at.

A company would be set up under the Australian Securities and
Investment Commission, which has a tighter legal framework and is
favoured by governments as being a more transparent structure, and
may therefore be better for a Tax Deductible Fund. Our accountant,
Donald R. seemed to consider the association structure to be a lot
less work.

So... clarity is illusive.

It appears that Sundays AGM will merely be another formalisation of
the committee.

The least we can do is nominate Sally Davis as "ordinary committeeman".

:D - el Prez

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