1. Official Welcome
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2. Apologies
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3. Confirm the Minutes of the Annual General Meeting held on 23 November 2010
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4. To receive, consider and adopt the report of the Board of Directors, the Financial Statements and Independent Audit Report for the year ended 30 June 2011
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5. To announce the appointment of Directors
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6. To consider and if thought fit, to approve the following ordinary resolution to determine the amount of non-executive remuneration:
That the sum of $120,000 per annum plus Superannuation Guarantee Levy be paid to the non-executive directors, Alternate Directors and Associate Directors. The Directors may determine how the sum is to be apportioned among them
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7a. Consideration of Special Resolutions Proposed:
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 | Amendments to Constitution – Removing Requirement for Fully Paid Member Shares.
To consider and if thought fit, to pass the following resolution, as a special resolution
That the Constitution be amended as set out in the Schedule to the Notice of Annual General Meeting, to remove the requirement for member shares to be fully paid
| Notes
| This special resolution will make changes to the Credit Union’s Constitution to remove the current limitation that the Credit Union can only issue a member share if the prospective member pays $10 subscription price in full. Further information about this agenda item is included in the Explanatory Note accompanying this Notice of Annual General Meeting
To be passed this special resolution requires the approval of at least 75% of the votes cast by members at the meeting, in person or by proxy
Your directors unanimously support this special resolution and recommend that you vote FOR it
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7b. Ordinary Resolution:
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| Resignation of BDO Audit (NSW-VIC) Pty Ltd
Appointment of KPMG as Auditor
The Directors have considered the Credit unions Audit requirements and have agreed to put the following Resolution to the Members at the forthcoming Annual General Meeting:
| That:
| 1. Having been advised by the Directors of BDO Audit (NSW-Vic) Pty Ltd, having obtained the consent of the Australian Securities and Investments Commission to do so have resigned as Auditor of the Company:
2. KPMG
| | a. Having been nominated by a Member of the Company, in accordance with s328B(1) of the Corporations Act; and
b. Having its Consent to Act as Auditor, in accordance with c.328A(1) of the Corporations Act to the Directors;
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| Be appointed as Auditor of the Company
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8. To consider other business in accordance with the Constitution
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9. To close the meeting and adjourn for light refreshments
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Contact us if you require further information about the 2011 AGM Agenda items
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