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Stewart 34 Yachting-The First 50 Years-Book

181 a Statement of Income and Expenditure and Balance Sheet disclosing the financial position of the Association. (f) In case any casual vacancy shall occur in any office the Executive Committee may appoint any member of the Association to fill such vacancy, and the member so appointed shall hold office until the next Annual General Meeting. 9. FINANCIAL YEAR The Financial Year of the Association shall commence on the 1st day of May in each year and end on the 30th April in the following year. 10. SUBSCRIPTIONS Each member shall pay an annual subscription which shall, unless otherwise fixed by the Association at an Annual General Meeting be $20.00. 11. TRUSTEES All Association property shall be vested in the President,Vice President, Secretary and Treasurer for the time being who shall by virtue of their office be trustees thereof for the Association. 12. MEETINGS (a) The Annual General Meeting of the Association shall be held between 15th May and 31st July in each succeeding year, at a time and place fixed by the Executive Committee for the purpose of receiving and adopting the Annual Report and Accounts, electing of officers and transacting such other business as may be specified in the notice convening the meeting.Any member desiring to bring any special business before the Annual General Meeting shall give notice to the Secretary in writing not later than twenty-one (21) days before the day fixed for the meeting. (b) The Secretary shall at the direction of the Executive Committee or upon the requisition in writing signed by at least six (6) members of the Association convene a Special General Meeting to transact such business as shall be specified in the notice convening the meeting. Notice in writing of a Special General Meeting shall be given to each member no less than seven (7) days before the date fixed for the meeting. (c) At any General Meeting six (6) Ordinary Members personally present shall constitute a quorum. If no quorum shall be present thirty (30) minutes after the time for which the meeting has been convened the meeting shall be adjourned and re-convened at a later date. (d) At any General meeting the President or in his absence the Vice President or in his absence some member of the Association elected from the meeting shall be Chairman. The Chairman shall in all cases have a deliberative vote and in cases of equality of voting shall have a casting vote. (e) At any General Meeting each Ordinary Member of the Association have shall have one (1) vote which must be given personally. Every question shall in the first instance be determined on the voices, but if a poll is demanded it shall be decided on a show of hands. A ballot shall be held if demanded by not less than one-third of members qualified to vote and in such cases a suitable number of scrutineers shall be appointed by the meeting. The scrutineers shall conduct the ballot and certify the result to the Chairman. (f) Any resolution passed at a duly constituted General Meeting of the Association shall be conclusive and binding upon all members of the Association. 13. ALTERATIONS OF RULE No addition to an no alteration, amendment, recision or revision of the Constitution Rules or the Class Rules of the Association shall be made except by a two - thirds majority of votes

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