Notice of Annual General Meeting

1 October, 2017

Members are advised that the 51st Annual General Meeting (AGM) of Central West Credit Union Limited will be held at 6.30pm on Tuesday 14th November 2017, at the Credit Union’s Head Office at 269 Clarinda Street Parkes.
 

(To help us prepare for the AGM, we would appreciate it if you inform us if you intend to personally attend the AGM, by contacting Kylie Flynnon 02 6862 2788)
 

AGENDA

1. Receipt of the Financial Report, Directors Report, and Auditor's Report for the year ended 30 June 2017.
 
2. To consider and, if thought fit, to approve the following as separate resolutions:

  • That Robert Frederick STAPLES, a director retiring from office by rotation in accordance with the credit union’s constitution, be re-appointed as a director until the end of the 2020 AGM; and
  • That AmityJane HOWE, a director retiring from office by rotation in accordance with the credit union’s constitution, be re-appointed as a director until the end of the 2020 AGM;

3. Directors Remuneration.
 
To consider and, if thought fit, to approve the following resolution:

That the maximum total directors’ remuneration for each year be set at $157, 200.
 

EXPLANATORY NOTES

 

Agenda Item 2: Election of Directors

Robert Frederick STAPLES and Amity Jane HOWE retire as elected directors at the end of the 2017 AGM, in accordance with the credit union’s constitution and seek re-election.
 
As there are no other candidates for election, the election process is discontinued. Members will vote on the re -appointment of retiring directors R F STAPLES and A J HOWE by separate resolutions at the AGM.
 

Agenda Item 3: Directors Remuneration

It is proposed that the maximum total directors’ remuneration for each year is increased by $3,200 to $157, 200 to maintain industry relativity, reference annual CPI movement and include the Director’s current internet reimbursement allowance. This total amount includes all payments to elected Directors of the Board as a whole and represents the maximum total amount payable each year.
 

Proxies

A member entitled to attend and vote at this meeting of the Credit Union is entitled to appoint a proxy to vote on their behalf. A proxy need not be a member of the Credit Union. 

To be effective, proxy forms must reach the Credit Union’s registered office, 269 Clarinda Street Parkes NSW 2870 (Fax: 02 6862 4878), not later than 48 hours before the start of the AGM. If you require an Appointment of Proxy form, please contact the Credit Unions Secretary on (02) 6862 2788.


Download the full notice.