Queensland Bridge Association
Constitution

25. BY-LAWS

  1. The Management may from time to time make, amend or repeal by-laws, not inconsistent with these Rules, for the internal management of the QBA and any by-law may be set aside by a general meeting of Council.

26. ALTERATION OF RULES

  1. Subject to the provisions of the Associations Incorporation Act 1981, these Rules may be amended, rescinded or added to from time to time by a Special resolution carried at any General Meeting: Provided that no such amendment, rescission or addition shall be valid unless the same shall have been previously submitted to and is registered by the Chief Management, Brisbane.

27. COMMON SEAL

  1. The Management Committee shall provide for a Common Seal and its safe custody. The Common Seal shall only be used by the authority of the Management Committee and every instrument to which the Seal is affixed shall be signed by a member of the Management Committee and shall be countersigned by the Manager or by a second member of the Management Committee or by some other person appointed by the Management Committee for the purpose.

28. FUNDS AND ACCOUNTS

  1. The funds of the QBA shall be banked in the name of the QBA in such bank as the Management Committee may from time to time direct.

  2. Proper books and accounts shall be kept and maintained either in written or printed form in the English language showing correctly the financial affairs of the QBA and the particulars usually shown in books of a like nature.

  3. All moneys shall be banked as soon as practicable after receipt thereof.

  4. All amounts of $200 dollars (two hundred) or over shall be paid by cheque signed by any two of the President, Manager, Chairman (Finance Committee), or Internal Auditor or other member authorised by the Management Committee.

  5. Cheques shall be crossed "not negotiable" except those in payment of wages, allowances or petty cash recoupments which may be open.

  6. The Management Committee shall determine the amount of Petty Cash which shall be kept on the imprest system.

  7. All expenditure shall be approved or ratified at an Management Committee meeting.

  8. As soon as practicable after the end of each financial year the Manager shall cause to be prepared a statement containing particulars of - (a) the income and expenditure for the financial year just ended; and (b) the assets and liabilities and of all mortgages, charges and securities affecting the property of the QBA at the close of that year.

  9. All such statements shall be examined by the Auditor who shall present his report upon such audit to the Manager prior to the holding of the Annual General Meeting next following the financial year in respect of which such audit was made.

  10. The income and property of the QBA whencesoever derived shall be used and applied solely in promotion of its objects and in the exercise of its powers as set out herein and no portion thereof shall be distributed, paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to or among the members of the QBA provided that nothing herein contained shall prevent the payment in good faith of interest to any such members of the QBA or otherwise owing by the QBA to such members or of remuneration to any officers or servants of the QBA or to any member of the QBA or other person in return for any services actually rendered to the QBA provided further that nothing herein contained shall be construed so as to prevent the payment or repayment to any member of out of pocket expenses, money lent, reasonable and proper charges for goods hired by the QBA or reasonable and proper rent for premises demised or lent to the QBA.

29. DOCUMENTS

  1. The Management Committee shall provide for the safe custody of books, documents, instruments of title and securities of the QBA.

30. DISTRIBUTION OF SURPLUS ASSETS

  1. If the QBA shall be wound up in accordance with the provisions of the Associations Incorporation Act 1981, and there remains, after satisfaction of all debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of the QBA, but shall be given or transferred to some other institution or institutions having objects similar to the objects of the QBA, and which shall prohibit the distribution of its or their income and property among its or their members to an extent at least as great as is imposed on the QBA under or by virtue or Rule 28 (10), such institution or institutions to be determined by the members of the QBA. QUEENSLAND BRIDGE ASSOCIATION CONSTITUTION 3rd APRIL 2003.