The company's finances will be administered by the committee member holding the post of Treasurer. The treasurer is responsible for producing a written audited, annual statement of accounts at the Annual General Meeting. All members must be notified of general meetings ten working days in advance, with details of the agenda, place, time etc. The committee or members may call for a General Meeting to be held within 1working days. Nominations for committee posts consisting of proposers and seconders must be given in writing to a committee member before the start of a General Meeting.
Proxy voting is acceptable.
The absent member must give clear written instructions to the Chair and the proxy prior to the commencement of the meeting. The company will be wound up if the committee is inquorate for more than 1months. In the event of the winding up of the company, liquid assets will be used in the first instance to pay off any company debts. Any shortfall will be met by the sale of company property. Any remaining liquid assets will be distributed at the discretion of the committee, in accordance with the aims and objectives of the company.