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The management of the Club shall be vested in a Committee.
4.1 Committee Officers
The officers of the Committee are:
- President
- Vice-President
- Secretary
- Treasurer
4.2 Election of Committee
- The officers shall be elected at the annual general meeting (AGM) of the Club and hold office for the ensuing year.
- If an office becomes vacant the remaining members of the Executive may appoint a member to that office or call for nominations to the election of members.
4.3 Records
The Executive Committee shall keep membership records, maintain accurate financial records and record activities for the Club. As much as possible these records will be kept online at the Club's website.
4.4 Committee Meetings
Meetings of the Committee shall be as required and will be notified on the Club's website. Members of the Club may attend these meetings and may be invited to vote on business. The President shall preside as Chairman of the Club or in his/her absence as decided by the members present at the meeting.
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The Committee shall be open and hold accounts in financial institutions as determined by the Committee in to which all monies received shall be paid as soon as possible. No cheques or cash shall be drawn on the accounts except for payment of expenditure authorised by the Committee. Cheques shall be signed by at least 2 of the following officers: i.
- President
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- Secretary
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- Treasurer
12. Subscriptions and Fees
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- The assets and income of the Club shall be applied solely in furtherance of its objectives above and no portion shall be distributed directly or indirectly to the members of the Club except as bona fide compensation for services rendered or expenses incurred on behalf of the Club.
- The income and property of the Association is to be applied solely towards the promotion of the objects and purposes of the Association.
- The Club may –
(a) pay a servant or member of the Club –- remuneration in return for services rendered to the Club , or for goods supplied to the Club , in the ordinary course of business of the servant or member; or
- remuneration that constitutes a reimbursement for out-of-pocket expenses incurred by the servant or member for any of the objects or purposes of the Club ; or
- interest at a rate not exceeding 7.25% on money lent to the Club by the servant or member; or
- a reasonable amount by way of rent for premises, or a part of premises, let to the Club by the servant or member;
16. Audit
The Club's financial records shall be audited every year by an auditor appointed by the Committee, unless it has been decided at an AGM to apply for an exemption from audit. (1)
- The auditor is to audit the financial affairs of the Club at least once in each financial year of the Club.
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- The auditor, after auditing the financial affairs of the Club for a particular financial year of the Club, is to –
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- certify as to the correctness of the accounts of the Club; and
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- at the next annual general meeting, provide a written report to the members of the Club present at that meeting.
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- In the report and in certifying to the accounts, the auditor is to –
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- specify the information, if any, that he or she has required under subrule (5)(b) and obtained; and
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- state whether, in his or her opinion, the accounts exhibit a true and correct view of the financial position of the Club according to the information at his or her disposal; and
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- state whether the rules relating to the administration of the funds of the Club have been observed.
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- The public officer of the Club is to deliver to the auditor a list of all the accounting records, and/or books and accounts of the Club.
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- The auditor may –
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- have access to the accounting records, books and accounts of the Club; and
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- require from any servant of the Club any information the auditor considers necessary for the performance of his or her duties; and
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- employ any person to assist in auditing the financial affairs of the Club; and
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- examine any member of the committee, or any servant of the Club, in relation to the accounting records, books and accounts of the Club.
17. Dissolution
In the event of a dissolution of the Club any assets shall be transferred to a like Club or association having similar objectives and which is a non profit organisation exempt from income tax under Section 23 of the Income Tax Assessment Act. A motion to dissolve the Club may only be taken at a special general meeting to which all members must have been notified and only upon 75% of the members present approving of the dissolution.
In the event of the Club being wound up:
- every member of the Club, and
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- every person who, within the period of twelve months immediately preceding the commencement of the winding up, was a member of the Club, is liable to contribute to the assets of the Club for payment of the debts or liabilities of the Club and for the costs, charges and expenses of the winding up and for the adjustment of the rights of the contributories among themselves such sum, not exceeding $1.00, as may be required, but a former member is not liable to contribute in respect of any debt or liability of the Club contracted after he/she ceased to be a member.
18. Disputes
A dispute between a member of the Club, in the capacity as a member, and the Club, is to be determined by arbitration in accordance with the provisions of the Commercial Arbitration Act 1986.