NFP Law have published two new comprehensive guides to help those running a company limited by guarantee (CLG).
This guide covers both types of CLG: those charitable CLGs registered with the Australian Charities and Not-for-profits Commission (ACNC) and those that are not registered with the ACNC (“a non-charitable CLG”). This Guide will be useful for those wanting to know the different arrangements of charitable and non-charitable CLGs, and those running a non-charitable CLG.
Read the guide to find out more about the general obligations for CLGs, the legal duties of directors and officers, the rights and obligations of members, appointing or removing a director or secretary, keeping registers, powers of the Australian Securities and Investments Commission (ASIC), annual general meetings, special general meetings, and ending a CLG. The guide also offers directors and others within a CLG “good governance” tips and tools for running a CLG.. The practical tools include sample documents, checklists, registers and flowcharts.
To download the guide, click here.