Special General Meeting – 26 Oct 2016
In terms of the Constitution of the Club a Special General Meeting will be held on
WEDNESDAY 26th OCTOBER AT 20h00 IN THE MAIN CLUB HALL
to consider and gain approval of the Members of the Club with regard to the following.
Proposal for purchase and installation of Borehole and Irrigation system
Proposal to modify clause 28.1 of the Constitution :
Current clause:
To acquire for the Club any movable or immovable property calculated to benefit the Club, provided that such acquisition shall not involve expenditure in excess of R50,000.00 (Fifty Thousand Rand) in respect of any one project. In any given financial year the Committee may not exceed R100,000.00 (One Hundred Thousand Rand ) in total on projects without the approval of the Members of Club at a Special General Meeting or Annual General Meeting.
Proposed new clause:
To acquire for the Club any movable or immovable property calculated to benefit the Club, provided that such acquisition shall not involve expenditure in excess of R100,000 ( One Hundred Thousand) in respect of any one project. In any given financial year the Committee may not exceed R250,000.00 (Two Hundred and Fifty Thousand Rand ) in total on projects without the approval of the Members of Club at a Special General Meeting or Annual General Meeting.
By Order:
BNSC Executive Committee