April 2019
MGCCSA CONSTITUTION REVIEW
A PROPOSAL TO AMEND THE CONSTITUTION IN RELATION TO THE
PAYMENT OF ACCOUNTS TO BE CONSIDERED AT A SPECIAL
GENERAL MEETING AT THE CONCLUSION OF THE
MONTHLY GENERAL MEETING OF THE MG CAR CLUB OF SA INC.
ON 9 th APRIL 2019
The current Constitution of the MG Car Club of SA Inc. requires that
accounts be paid by Cheques, Bills of Exchange, Withdrawal Forms,
Money Orders and Postal Notes, requiring the endorsement
of any two signatories, either the President, Secretary or the Treasurer.
A large number of invoices received from suppliers include the business’s
BSB and Account Number to enable electronic transfer of funds from the
Club’s account to the supplier. On a number of occasions, suppliers have
indicated a preference for this method of payment. Monies are transferred
immediately and this method avoids the necessity of banking cheques and
waiting for clearance days to expire.
I propose an amendment to the Constitution by the addition to Section 10 as
follows:
Section 10(F)
Payment of accounts may be made by the Electronic Funds Transfer
System utilizing the banking account information provided by the supplier.
A payment statement would be produced and attached to the invoice to
allow audit checking and identification of payments.
The Club’s Auditor would be informed regarding this change to the
Constitution.
This motion must be carried by a three-fourths majority of financial
Members present and voting at the meeting.
ALAN J CARDNELL
TREASURER, MG CAR CLUB OF SA INC.
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