PFA Notice to Members 2016 03 16 (email from T Dando)

  1. Reminder-AGM at Bexley  7pm March 25th 2016

The agenda has not changed. There are no notices of motion and two new Directors have been nominated and seconded-No election is required.

The two new directors are Jeff Langdon and Sandra Webb. Please find attached their resumes for your information. The board warmly welcomes them aboard.

  • Information regarding auditing is attached along with a report from Jenny Draddy(Legal advisor to PFA)

In relation to your query about an audit requirement I have attached the Institute of Chartered Accountants  Audit and Review Requirements for Australian Entities and below is the relevant section of the Corporations Law.  Clause 22.2 Auditor of the Constitution only applies if under the Corporations Act there was requirement or a direction from the members for an audit.  If the PFA revenue is under $250,000.00 it does not have to have the accounts audited unless directed by its members.

PFA Notice to Members 2016 03 16 (full document).

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