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Change the financial year to start on 1 October

This changes the start of the financial year from the 1st January to the
1st October while still keeping it 12 months.

This change is necessary since we are now required to have an auditor
create an oficial audit of our accounts for presentation at the AGM and
submission to Fair Trading.

Since our AGM is normally held at the end of January this does not leave
enough time to have a completed audit by the AGM especially in a time
when our accounts are in a large state of flux due to our largest
conference being on at the same time.
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commit 2748f80b89b4847ed79f9a52170d154ae6e7cc2d 1 parent e508927
John Ferlito authored June 21, 2011

Showing 1 changed file with 3 additions and 3 deletions. Show diff stats Hide diff stats

  1. 6  constitution.txt
6  constitution.txt
@@ -137,9 +137,9 @@ A right, privilege or obligation which a person has by reason of being a member
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 (2) In addition to any amount payable by the member under subclause (1), a member of the association must pay to the association an annual membership fee of $2 or, if some other amount is determined by the committee, that other amount:
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-  (a) except as provided by paragraph (b), before 1 July in each calendar year, or
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+  (a) except as provided by paragraph (b), before 1 October in each calendar year, or
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-  (b) if the member becomes a member on or after 1 July in any calendar year - on becoming a member and before 1 July in each succeeding calendar year.
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+  (b) if the member becomes a member on or after 1 October in any calendar year - on becoming a member and before 1 October in each succeeding calendar year.
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 9. Members’ liabilities
@@ -589,7 +589,7 @@ The financial year of the association is:
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   (a) the period of time commencing on the date of incorporation of the association and ending on the following 30 June, and
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-  (b) each period of 12 months after the expiration of the previous financial year of the association, commencing on 1 July and ending on the following 30 June.
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+  (b) each period of 12 months after the expiration of the previous financial year, commencing on 1 October and ending on the following 30 September.
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 Note: Schedule 1 of the Act provides that an association’s constitution is to address the association’s financial year.
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