[AUUG-Talk]: Wind up AUUG: Objections?

Kevin Dawson kevind at esi.com.au
Tue Oct 28 10:07:42 EST 2008

On Tue, 2008-10-28 at 09:14 +1100, Karl Auer wrote:
> On Mon, 2008-10-27 at 23:14 +1100, Kevin Dawson wrote:
> > With winding up, I agree - it's spelt out by both the Constitution and
> > the Act.  The problem I saw was that we don't have any reference to
> > trading or disposing of assets, except that they can't go to members.
> Of course assets can go to members! But like any other action we take,
> it must be done in good faith, for the good of the association, and
> otherwise within the law. We can give assets to anyone we choose,
> including members, and for any reason.

No, we can't.

During normal life:
      * Constitution section 28

At winding-up:
      * Constitution section 33.3
      * the Act section 33A (3) (a)


More information about the Talk mailing list