Members are advised that an Extraordinary General Meeting has been called for approximately 7.00pm on Monday, 13 November 2023.
To view EGM change explanatory note please click on the link.
The meeting will take place in the Dining Room of the Club House. The meeting will commence immediately following the conclusion of the Annual General Meeting (which will commence at 6.00pm on the same day).
The purpose of the Extraordinary General Meeting is so that the General Committee may put forward the following special resolutions for the consideration of Members.
Agenda Item One – Special Resolution 1
That the Members consider and if thought fit, pass the following resolution as a Special Resolution in accordance with the Associations Incorporation Act 2015 (WA).
That the Lake Karrinyup Country Club Constitution be amended by deleting Rule 14.8 in its entirety and replacing it with the following new Rule 14.8.
“14.8 (a) The General Committee may, with the prior approval of and upon terms approved by the Finance Committee and the Members by way of an Ordinary Resolution, withdraw from the Capital Fund such sums as it considers necessary for a capital expenditure project within the objects of the Club.
(b) The terms of any withdrawal made under Rule 14.8(a) must include provision for the repayment of the withdrawn funds by way of deposit to the Capital Fund.”
Agenda Item Two – Special Resolution 2
If Special Resolution 1 has passed then (but not otherwise) the Members consider and, if thought fit pass the following resolution as a Special Resolution in accordance with the Associations Incorporation Act 2015 (WA).
That the Lake Karrinyup Country Club Constitution be amended by deleting Rules 14.7 and 14.9 in their entirety and replacing them with the following new Rules 14.7 and 14.9.
“14.7 Notwithstanding Rule 14.8, the General Committee may in its discretion withdraw from the Capital Fund from time to time an amount in a given Financial Year not exceeding 2.5% of the value of the Capital Fund calculated as at 30th June in the immediately previous Financial Year, such funds to be withdrawn and applied in the pursuit of the objects of the Club.”
“14.9 The General Committee may not withdraw any sum from the Capital Fund other than in accordance with Rule 14.7 or 14.8 except with the prior approval of the Members by way of a Special Resolution.”
Signed:
Gavin Burt
General Manager
27th October 2023
Please be advised that in accordance with Rule 18.6 the Committee must make an electronic form for voting available in addition to permitting voting at the meeting. Electronic voting will open on Monday, October 30th, 2023, at noon and will close on Sunday November 12th, 2023, at 5.00pm.