[AUUG-Talk]: Lions Chair/Dissolution of AUUG
chris at sw.oz.au
Tue Nov 27 20:57:04 EST 2007
On Tue, Nov 27, 2007 at 03:50:08PM +1100, steve jenkin wrote:
> David Newall wrote on 26/11/07 11:48 PM:
> > The constitution says what should be done on AUUG's dissolution, which
> > I paraphrase by, "give the assets to charity." A chair-endowment is
> > not a charity.
> Donations are tax-deductible.
> By implication, UNSW has satisfied the ATO that these purposes are
> Charitable under the Act.
> Could you expand on what definition of 'charity' you think is implied in
> the AUUG constitution.
> There is another option:
> Change the AUUG constitution to allow for final dispersal in
> accordance with Member wishes.
The "charity" requirement is a rules formality to ensure non-profit
status for AUUG. The definition would be in the legislation of the
associations incorporation act of the ACT. It would include the UNSW
foundation which is the holder of the Lions chair endowment.
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