| Background | The
Special Resolutions |
Frequently Asked Questions | Discussion Forum | Consultants |
| Current Constitution & By-laws | Proposed Constitution, By-laws & Guidelines | |
| Law | South Australian Associations Incorporation Act 1985 | Corporations Act 2001 |
| Structure | Association, incorporated under South Australian Act | Company limited by guarantee |
| Scope | Limited
to South Australia Must become compliant with section 601AC of the Corporations Act and register ANZSRS with ASIC as an Australian Registrable Body to carry on business outside South Australia. |
Internationally
Recognised More appropriate for the national and international focus and membership of ANZSRS |
| Compliance | Current Constitution does not comply with the Corporations Act | Proposed Constitution will comply with the Corporations Act |
| Governance | The
current constitution limits the ablility of the Board to carry
out its leadership role effectively and raises concerns about legal
liabilities. See Explanatory Notes and Discussion paper |
Governance arrangements within the proposed constitution will enable the Board of ANZSRS to improve its functioning in order to better carry out its legal duties and responsibilities in the interests of ANZSRS. ASX Recommendations or the Australian Standard on Good Governance |