1.1.

the rules of the association are amended to read as follows

2.1.

committee’ means the committee of management of the association

‘general meeting’ means a general meeting of members of the association

convened in accordance with these rules

‘member’ means a member of the association

‘the Act’ means the Associations Incorporation Act 1985

‘special resolution’ means a special resolution defined in the Act

‘month’ shall mean a calendar month.

3.1 The object of the association is to provide the means for the exchange of goods

and services in order to provide benefits, economically, socially, and individually

for its members.

3.2 To promote the exchange of goods and services throughout the general

community using the local exchange trading system.

3.3 In furtherance of its objects the association shall:

3.3.1 promote, co-ordinate and assist the development of the association.

3.3.2 develop appropriate policies, regulations and agreements for the

administration of the association.

3.3.3 ensure that proper records are maintained in regard to details of

membership and barter transactions within the association.

3.3.4 seek the support and involvement of individuals and community

organizations who are sympathetic to the aims and objectives of the

association.

3.3.5 encourage members to engage in the development and

maintenance of skills that enable them to participate in normal

employment situations or alternatively in barter transactions within the

association.

3.3.6 encourage co-operative relationships between members and give

expression to the advantages of collective approaches to increase benefits

to individual members or member organisations.

3.3.7 compile and distribute a periodical newsletter to members which includes

the names and contact details of members and their skills or which

updates information previously provided to members.

The association shall have all the powers conferred by section 25

of the Act.

5.1 Any person who supports the objects of the association and agrees to be

bound by its rules may apply for membership of the association. The

application for membership shall be made in writing prior to consideration by

the committee. Upon acceptance of the application by the committee and

upon payment of the first annual subscription, the applicant shall be a member

of the association.

5.2 Members existing on the date of this amendment to the rules of the

association shall be deemed to be lawful members of the association.

5.3 The subscription fees shall be determined by the committee from time to time.

time as the committee shall determine.

5.5 The means of payment of subscriptions shall be determined by the committee

from time to time.

5.6 Any member whose subscription is outstanding for more than one month after

the due date for payment shall cease to be a member of the association,

provided always that the committee may reinstate such a person’s

membership on such terms as it thinks fit.

5.7 A member may resign from membership of the association by giving written

notice thereof to the secretary or public officer of the association. Any

member so resigning shall be liable for any outstanding subscriptions and

trading accounts, which may be recovered as a debt due to the association.

5.8 The committee may resolve to expel a member upon a charge of misconduct

detrimental to the interests of the association, provided that the member is first

provided an opportunity to be heard or to make a written submission.

5.9 Particulars of the charge shall be communicated to the member at least one

month before the meeting of the committee at which the matter will be

determined.

5.10 A register of members must be kept and contain:

i) the name, address and telephone number of each member;

ii) the member’s e-mail address if one is available;

iii) the date on which each member was admitted to the association;

and

iv) if applicable, the date of and reason(s) for, termination of

membership.

6.1 The affairs of the association shall be managed and controlled by a committee

which, in addition to any powers and authorities conferred by these rules, may

exercise all such powers and do all such things as are within the objects of the

association and are not by the Act or by these rules required to be done by the

association in general meeting.

6.2 The committee has the management and control of the funds and other

property of the association.

6.3 The committee shall keep and maintain the accounting records needed to

correctly record and explain the financial transactions and financial position of

the association in accordance with the Act and shall similarly keep and

maintain an accounting record of the exchange trading (barter) accounts of

members.

6.4 The financial and barter accounts, together with the auditor’s report on the

financial account, the committee’s statement and the committee’s reports

shall be laid before members at the annual general meeting.

6.5 The committee shall have authority to interpret the meaning of these rules and

any other matter relating to the affairs of the association on which these rules

are silent.

6.6 The committee shall appoint a public officer as required by the Act.

6.7 The office bearers are empowered to make day to day decisions and act in an

emergency in accordance with authorised policies without first obtaining

approval of the committee, provided that they report such decisions at the next

Committee meeting.

6.8 The Committee may appoint sub-committees which may consist of members

of the association or other appropriate persons. Such sub-committees shall

meet as they see fit in accordance with the instructions of the committee and

shall report to the committee.

7.1 The management of the association shall be vested in a committee, which

shall consist of a chairperson, secretary, treasurer and up to seven additional

members.

7.2 A committee member shall be a natural person.

7.3 The committee existing at the time of the amendment to these rules shall

continue to hold office until the next annual general meeting. At that time, one

half of the members of the committee, who shall be chosen by ballot, shall

retire from the committee. At each subsequent annual general meeting one

half of the members, being the longest serving members, shall retire.

7.4 A retiring committee member shall be eligible to stand for re-election without

nomination. Any other member shall be eligible to stand for election provided

that the member is nominated and seconded at the meeting.

7.5 Subject to 7.6 below, the committee may appoint a person to fill a casual

vacancy and such a committee member shall hold office until the next annual

general meeting of the association and shall be eligible for election to the

committee without nomination.

7.6 The committee shall inform members of any decision of the committee to fill a

casual vacancy by newsletter and, in the event that ten or more objections are

received within 21 days of posting such material, the committee will call a

general meeting to discuss the matter.

8.1 The committee shall meet together for the dispatch of business at least once

in every two months.

8.2 Questions arising at any meeting of the committee shall be decided by a

majority of votes and, in the event of equality of votes, the chairperson shall

have a casting vote in addition to a deliberative vote.

8.3 A quorum for a meeting of the committee shall be one half of the members of

the committee, which shall include two of the elected or appointed office

bearers.

8.4 A member of the committee having a direct or indirect pecuniary interest in a

matter relating to the affairs of the association must disclose the nature and

extent of that interest to the committee as required by the Act and shall not

vote in respect to that matter. The member of the committee must disclose

the nature and extent of that interest at the next annual general meeting.

The office of a committee member shall become vacant if a committee member

is:

10.1 The association shall have a common seal upon which its name

shall appear in legible characters.

10.2 The seal shall not be used without the express authorisation of

the committee and every use of the seal shall be recorded in

the minute book of the association

10.3 The secretary shall hold the common seal, the affixing of which shall be

witnessed by the secretary and the chairperson or, in the absence of either

the chairperson or the secretary, another committee member.

11.1 The committee shall call an annual general meeting in accordance with the

Act and these rules.

11.2 The meeting shall be held once in every calendar year not more than five

months after the end of the financial year.

11.3 The order of the business at the annual general meeting shall be:

i) the confirmation of the minutes of the previous annual general meeting

and of any special general meeting held since that meeting;

ii) the consideration of the accounts and reports of the committee, and

sub-committees (if any), and the auditor’s report;

iii) the election of committee members;

iv) the appointment of an auditor;

v) any other business requiring consideration by the association in general

meeting.

11.4 The committee may call a special general meeting of the association at any

time.

11.5 Upon a requisition in writing of not less than ten per centum of the total

number of members of the association, the committee shall within one

month of the receipt of the requisition convene a special general meeting for

the purpose specified in the requisition.

11.6 Every requisition for a special general meeting shall be signed by the

relevant members and shall state the purpose of the meeting.

11.7 If a special general meeting is not convened within one month, as required

by 11.5 above, the requisitionists (or at least 50% of their number) may

convene a special general meeting. Such a meeting shall be convened in

the same manner as nearly as practicable as a meeting convened by the

committee and, for this purpose, the committee shall ensure that the

requisitionists are supplied free of charge with particulars of the members

entitled to receive a notice of meeting. The reasonable expenses of

convening and conducting such a meeting shall be borne by the

association.

(Refer to 13.2 for the rules governing the lapsing of a special general

meeting convened by requisition).

12.1 Subject to 12.2, at least 14 days notice of any general meeting shall be

given to members. The notice shall set out where and when the meeting

will be held and particulars of the nature and order of the business to be

transacted at the meeting.

12.2 Notice of a meeting at which a special resolution is to be proposed shall be

given at least 21 days prior to the date of the meeting.

12.3 A notice may be given by the association to any member by serving the

member with the notice personally, to the members’ e-mail address or by

sending it by post to the address appearing in the register of members.

12.4 Where a notice is sent by properly addressing, prepaying and posting a letter,

service will be taken to have been effected at the time at which the letter

would be delivered in the ordinary course of post unless the contrary is

proved.

the transaction of business at any general meeting.

13.2 If, thirty minutes after the time appointed for the meeting, a quorum of

members is not present a meeting convened upon the requisition of

members shall lapse. In any other case, the meeting shall stand adjourned

to the same day in the next week, at the same time and place. If a quorum

is not present at the adjourned meeting thirty minutes after the appointed

time, the members present shall constitute a quorum.

13.3 Subject to 13.4, the chairperson shall preside as chairperson at a general

meeting of the association.

13.4 If the chairperson is not present within five minutes after the time appointed

for holding the meeting and there are a quorum of members present, or he

or she declines to take or retires from the chair, the members may choose a

committee member or one of their own number to be the chairperson of that

meeting.

14.1 Subject to these rules, every member of the association has one vote at a

meeting of the association.

14.2 Subject

to these rules, questions for decision at a general meeting, other than a

special resolution, must be determined by a majority of members who vote in

person or, where proxies are allowed, by proxy at that meeting.

14.3 Unless

a poll is demanded by at least five members present, a question for decision

at a general meeting shall be determined by a show of hands.

14.4 A

member, being a body corporate, shall be entitled to appoint one person,

who shall not be a member of the association, to represent it at general

meetings of the association. The corporate member shall appoint that

person by a resolution of its board, which may be authenticated under its

seal. Such a member shall be deemed to be a member of the association

for all purposes until the authority to represent the corporate member is

revoked.

14.5 If a poll

is demanded by at least five members present, it must be conducted in a

manner specified by the person presiding and the result of the poll is the

resolution of the meeting on that question.

14.6 A poll

demanded for the election of a person presiding or on a question of

adjournment must be taken immediately but any other poll may be

conducted at any time before the close of the meeting.

15.1 A

special resolution is a special resolution as defined in the Act.

15.2 An

ordinary resolution is a resolution passed by a simple majority at a general

meeting.

15.3 A

member shall be entitled to appoint in writing a natural person who is also a

member of the association to be their proxy, and attend and vote at any

general meeting of the association.

16.1 Proper minutes of the proceedings of general meetings of the association and

of meetings of the committee shall be entered within one month after the

meeting in minute books kept for the purpose.

16.2 The minutes kept pursuant to this rule must be confirmed by the members

of the association or the members of the committee (whichever is relevant)

at a subsequent meeting.

16.3 The minutes kept pursuant to this rule must be signed by the chairperson of

the meeting at which the proceedings took place or by the chairperson of the

next succeeding meeting at which the minutes are confirmed.

16.4 Where minutes are entered and signed they shall, unless the contrary is

proved, be evidence that the meeting was convened and duly held, that all

proceedings held at the meeting shall be deemed to have been duly held,

and that all appointments made at a meeting shall be deemed to be valid.

17.1

he dispute resolution procedure set out in this rule applies to disputes under

these rules between a member and another member or between a member

and the association.

17.2 The

parties to the dispute must meet and discuss the matter in dispute and, if

possible, resolve the dispute within 14 days after the dispute comes to the

attention of all of the parties.

17.3 If the

parties are unable to resolve the dispute at the meeting the parties may choose

to meet and discuss the dispute before an independent third person agreed to

by the parties.

17.4 In this

rule, ‘member’ includes any person who was a member not more than six

months before the dispute occurred.

18.1 At each annual general meeting, the members shall appoint a person to be

auditor of the association, which person need not necessarily be an auditor

within the meaning of the Act.

18.2 The auditor shall hold office until the next annual general meeting and is

eligible for re-appointment.

18.3 If an appointment is not made at an annual general meeting, the committee

shall appoint an auditor for the current financial year.

The income and capital of the association shall be applied exclusively to the

promotion of its objects and no

portion shall be paid or distributed directly or indirectly to members or their

associates except as a bona fide remuneration of a member for services incurred behalf of the association.

The association may be wound up in the manner provided for in the Act.

21.1 If, after the winding up of the association, there remains

‘surplus assets’ as defined in the Act, such surplus assets

shall be distributed to any organisation which has similar

objects and has rules which prohibit the distribution of its

assets and income to its members.

21.2 Such organisation or organisations shall be identified and

determined by resolution of members in general meeting.

22.1 These rules may be altered (including an alteration to the association’s name)

by special resolution of the members of the association. This includes recision

or replacement by substitute rules.

22.2 The alteration shall be registered with the Office of Consumer and

Business Affairs, Corporate Affairs and Compliance Branch, as required by

the Act.

22.3 The registered rules shall bind the association and every member to the

same extent as if they have respectively signed and sealed them and

agreed to be bound by all of the provisions thereof.