Constitution of Urabba Parks/Schedule 2/Clause 11

From Urabba Parks Pty Ltd
Revision as of 11:19, 11 October 2021 by Urabbaparks (talk | contribs)
Jump to navigation Jump to search

Table|Notes|Previous|Next|Download
Covering clauses >>Part 2 >>Division 3 >>Subdivision B >>Clause 11

Service membership matter

(1)  Service membership matter may fall in entrenchment 7.

(2)  In subclause (1), service membership matter includes the following:

(a)  the rates of cumulative charity distribution upon the paid up amount of service membership payable upon a charity distribution to ordinary members;
(b)  the entitlement of service members to reasonable interest payments.

Relevant note from the Explanatory Memorandum

368. Subclause (1) provides that service membership matter may fall in or under entrenchment 7. Subclause (2) provided that service membership matter includes the rates of cumulative charity distribution upon the paid up amount of service membership payable upon a charity distribution to ordinary members and the entitlement of service members to reasonable interest payments.