BUSHkids Constitution 2018

(i)

From time to time, Council may: (i)

delegate authority to incur expenditure to any person (including a member of Council or an employee of the Incorporated Body); put conditions or thresholds on any delegated authority under this clause 16.1(i); and

(ii)

(iii)

revoke any authority under this clause 16.1(i).

(j)

The Investment Committee will determine the amount of the petty cash which will be kept on the imprest system.

16.2

Audit (a)

An auditor or auditors will be appointed annually by the Organisation at the annual general meeting and the remuneration will be fixed by the Council. The auditors must not be members of the Council but must be persons who are eligible to audit companies under the Corporations Act 2001 (Cth).

(b)

(c)

The Council must fill any casual vacancy in the position of auditor.

(d)

The auditors must audit all the accounts of the Organisation annually, or more often if required, and report as far as possible in the same manner as if they were auditing the affairs of a company under the Corporations Act 2001 (Cth). The auditors' report together with a statement of the receipts and expenditure of the Organisation and a balance sheet must be furnished by the auditors to the Honorary Treasurer for submission to the Council as soon as possible after the close of the financial year. Every officer of the Organisation must furnish the auditors with such documents, information and explanations as they may require. The income and property of the Organisation must be applied solely towards the promotion of the objects of the Organisation and no portion is to be paid or transferred directly or indirectly by way of dividend, bonus or otherwise, by way of profit to the persons who are members of Council, committees or any members of the Organisation. Members of the Council or any committees or members of the Organisation must not receive in any pecuniary benefits through rendering services professional or otherwise to the Organisation. Despite this clause 16.3, nothing will interfere with the payment of salary or wages to members of the staff of the Organisation or with the payment for day to day provisions normally bought for the running of the Organisation or for the payment for immediate minor maintenance services necessary for the uninterrupted conduct of the Organisation.

(e)

(f)

16.3

Property (a)

(b)

(c)

17.

Dissolution (a)

The Organisation must not be dissolved except at a special general meeting of the Organisation convened for that purpose and by a resolution passed by 75% of members present the meeting.

17

L \319962247.10

Constitution of Royal Queensland Bush Children's Health Scheme