MG Motoring 2019 April Issue 2019 | Page 31

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. 29