Question 1

1. What is a Constitution?

Accepted Answer

A Constitution (also known as Rules of Association) is a set of rules that a P&C must abide by. P&Cs must be incorporated (School Education Act 1999) before they can operate and they are unable to be incorporated unless they have a Constitution (Associations Incorporation Act 2015).   One of the advantages of being affiliated with WACSSO is that we write and update your P&C Constitution when required. The last minor update was in 2012 and the last major update was 2001.   When writing your Constitution, WACSSO must makes sure that it complies with: School Education Act 1999 School Education Regulations 2000 Associations Incorporation Act 2015 Associations Incorporation Regulations 2016 Before P&Cs can receive any revised Constitution it must be approved by the Minister of Education and DMIRS.

Question 2

6. Does the P&C adopt the new Constitution at the AGM?

Accepted Answer

No, this is not advisable as the AGM is for AGM business only.   The P&C should call a Special General Meeting or place it on the agenda for the next General Meeting.

Question 3

4. When does the new Constitution have to be adopted by?

Accepted Answer

The deadline for P&Cs and other incorporated associations to update the rules (Constitution) to meet the Associations Incorporation Act 2015 requirements is 30 June 2019. However, WACSSO has a general extension that covers all affiliated P&Cs.   P&Cs must adopt the new Constiution ASAP.

Question 4

3. When we adopt the new Constitution, will it override what decisions were made at the AGM?"

Accepted Answer

Yes, it will supersede some actions taken under the former Constitution that are no longer relevant. Please see the guide to compliance.   Example:   At a P&C's AGM in March 2019,  a canteen employee is elected to be the P&C Vice President. The P&C then adopts the new Constitution in June 2019.  As Rule 19.1(i) of the new Constitution states that employees can't hold a position on the Executive Committee, a new Vice President will need to be appointed.

Question 5

46. How many changes are in the new Constitution?

Accepted Answer

Compared to the P&C Constitution you have used until recently, there are  57 changes and new additions.

Question 6

5. What is the process for adopting the new Constitution?

Accepted Answer

The full process can be found here

Question 7

8. Why do we need a new P&C Constitution?

Accepted Answer

Recent major changes to the Associations Incorporation Act 2015 and Associations Incorporation Regulations 2016 required a new Constitution to be written. Over the years, WACSSO has also received requests from P&Cs requesting certain changes be made to make the Constitution easier to understand and to increase the effectiveness of P&Cs. The new Constitution takes into account these legislative changes and grass-roots submissions.

Question 8

2. Is it mandatory for the P&C to adopt the new 2019 P&C Constitution?

Accepted Answer

If the P&C does not adopt the new P&C Constitution developed by WACSSO it will be unable to affiliate with WACSSO and receive the services that come with affiliation.   The P&C will be unable to use the P&C Constitution they are currently using as it is non-compliant with the Associations Incorporation Act 2015.

Question 9

7. Should the P&C send out the new Constitution to all members prior to the meeting at which it will be tabled?

Accepted Answer

Yes, preferably at least 7 days before the meeting. All financial members require the opportunity to read it and ask questions of the Executive and WACSSO before it is presented for adoption.

Question 10

9. What is our current financial year?

Accepted Answer

Most P&Cs have a financial year that runs from January 1 – December 31. This means they will have their AGM before April 30 each year (within four months of the end of the financial year). This is the default financial year for all P&Cs. If yours has changed there should be documentation in your archives and it should have been lodged with WACSSO. Some P&Cs have changed their financial year to align with the tax year (ends June 30). Larger P&Cs with multiple employees may have made this change.

Question 11

10. How do we set our financial year when we adopt the new Constitution?

Accepted Answer

The Executive Committee will meet and set the financial year of the P&C prior to the Special General Meeting (SGM) at which the constitution is adopted. When they send out a copy of the new Constitution to the membership, prior to the SGM,  the financial year will be included in the text. You must use your current financial year. Do not attempt to change your current financial year at this stage. This can be done by filling in the blank under rule 4.0: 4.0        FINANCIAL YEAR              The financial year will be the period of 12 months commencing on __________.

Question 12

11. Has the P&C role of the school Principal changed?

Accepted Answer

The Principal is still ex officio of the P&C Executive and has the right to move motions, debate and vote. They have the right to vote at    The changes to the role in the 2019 P&C Constitution mean that the Principal can no longer be elected as an Office Bearer of the P&C (President, Vice President, Secretary or Treasurer) and is not permitted to be a signatory to accounts.

Question 13

12. Can the Principal be suspended or expelled from the P&C?

Accepted Answer

No. There would be no reason to warrant this action. The school Principal plays a vital part in the P&C and their position on the P&C is protected by legislation.

Question 14

23. When do new Executive Committee members take up their positions?

Accepted Answer

All changing positions take effect at the 'rise of the meeting'. This is the end of the meeting.

Question 15

25. Can multiple Office Bearer roles be held by the same person?

Accepted Answer

The only time this is acceptable (without approval) is when the school is a small school or  when it is a 'large school' (with approval) Rule 12.0   In both cases, it is only acceptable for the combination of Secretary and Treasurer. No other offices may be combined and held by the same person.

Question 16

21. Can signatories who have a direct relationship co-sign financial transactions?

Accepted Answer

No, Rule 17.6.1 states, "Where there is a direct relationship between two authorised signatories, they shall not be permitted to co-sign any cheques of the Association".   The Glossary attached to the P&C Constitution defines a direct relationship as "business, immediate or extended family, and marriage/de facto relationships."

Question 17

26. What is ratification?

Accepted Answer

Ratification is: the approval of the minutes as a true and accurate record of what happened at the meeting; and the signing of those approved minutes by the Chair. This is not a chance for people to argue whether they agree or disagree with the resolutions passed in the minutes.

Question 18

20. What happens if an Office Bearer or Executive Committee member is suspended or expelled from the P&C?

Accepted Answer

It is not advisable to enact Rule 9.0 straight away. Generally, the Office Bearer or Executive Committee member would be removed from their position on the Executive as a first step (see Rule 14.3). After this has happened, the position would be filled by another financial member, through election at a General Meeting.   When an Office Bearer has been stood down, the Executive must immediately: Contact the bank immediately and have the relevant Office Bearer removed as a signatory. Change any common passwords the P&C executive uses and request bank security tokens/code generators (email, bank etc) be returned. Request all records and documents held by the Office Bearer be returned as required under the Associations Incorporation Act 2015 (Part 4, Div. 1) Request any other P&C materials be returned e.g. badges, ID lanyards etc If it is the President that has resigned?, then nominate another member of the Executive (preferably the Treasurer) to be the primary contact for employees until the role is filled. The employees should be contacted and informed of the resignation and the interim arrangements. If it is the President that has been removed, then nominate an Executive member to fulfill their ex-officio role on sub-committees. Advise the Principal of the details of the newly elected Office Bearer. Advise WACSSO of the details of the newly elected Office Bearer.   If, after this,  the intention is then to take further action and  remove or suspend  the member from the P&C, the process outlined in Rule 9.0 would begin.

Question 19

24. If a member resigns from the Executive or leaves the association, when is this resignation effective from?"

Accepted Answer

Executive Committees should always ask members to put a resignation in writing that states the effective date of the resignation. Preferably, unless there are exceptional circumstances, the notice should state that the resignation is 'effectivel immediately'.

Question 20

19. The Executive Committee is required to make a Solvency Statement to be presented at every AGM. What is this?

Accepted Answer

At the AGM, the Executive Committee will be required to present a solvency statement, in respect of the Association and endorsed by the Executive Committee stating that the financial statement has been examined and whether or not in their opinion the P&C will be able to meet the Association’s debts and liabilities as and when they become due and payable (Rule 17.10.3). A template for this statement can be found in the resources section of the WACSSO website.

Question 21

22. An Executive Committee member has resigned and has documents and records that we require. How do we get them back?

Accepted Answer

Under the Associations Incorporation Act 2015, Executive Committee members are required to return all documents requested. This is also reflected a number of times in the P&C Constitution. For example, the role of the Treasurer, Rule 17.14 states, "On expiration of term of position, resignation, redundancy or death, returning all documents belonging to the Association to the Executive Committee."   There are significant penalties for failing to comply with this requirement under the Act and these penalties should be mentioned in any correspondence sent to a former Executive member who has not returned documents. It is best practice to ensure the correspondence sent is by registered mail so it is known whether the relevant party received it.

Question 22

14. The Executive Committee has a "duty of care and diligence". What does this mean?"

Accepted Answer

This includes, but is not limited to: • being prepared for meetings (reading any papers and the financial statements); • broadly understanding the financial position of the association; • following up on action items; • keeping themselves informed about the association’s operations and activities; • asking questions; and • taking steps to ensure that the association meets its obligations under other laws, for example occupational health and safety, taxation and employment.   https://www.commerce.wa.gov.au/sites/default/files/atoms/files/assocdutiescomoff.pdf

Question 23

17. Is the process to expel/suspend a P&C member the same process involved in removing a person from an Executive Committee position?

Accepted Answer

No, the suspension/expulsion process (Rule 9.0) only applies to removing/suspending a person from the entire P&C Association. Removing a member from the Executive does not remove them from the P&C. They will continue to be a financial member of the P&C, but will not be on the Executive.   To enact Rule 14.3, the Executive Committee will need to meet and resolve to remove the person through a normal motion/debate/vote process.

Question 24

15. What is "a duty to prevent the association trading when insolvent"?"

Accepted Answer

A committee member has a duty to prevent an association incurring debts while it is insolvent or in situations where the debt would cause it to become insolvent. This duty is breached if: • an association incurs debt while it is insolvent or it becomes insolvent by incurring the debt; • before incurring the debt there were reasonable grounds to expect that the association was already or would become insolvent by incurring the debt; and • the person was a member of the committee at the time the debt was incurred.   To fulfil their duty, committee members should all work to ensure that: • accurate accounts are kept of the transactions, financial position and performance of the association; and • the association’s solvency status is monitored on an ongoing basis. Allowing an association to operate while insolvent is a serious matter with significant penalties. However, it should be noted that a breach of this duty would not make a committee member personally liable for the association’s debts.   https://www.commerce.wa.gov.au/sites/default/files/atoms/files/assocdutiescomoff.pdf

Question 25

18. If an Executive Member leaves their position, is there a requirement to return any P&C documents or records they have in their possession?"

Accepted Answer

Yes, all records must be returned. There are now financial penalties under the Associations Incorporation Act 2015 for members who do not return required records.   The P&C should request the return of the documents in writing. It is a good idea to send a return-addressed postage pack by registered mail to the former executives postal address.

Question 26

27. Can an aspect of an Office Bearer's role be delegated to another member?

Accepted Answer

Yes, as an example there may be times the Treasurer may not be able to do the banking because they are away on holidays(Rule 17.4). The P&C should foresee such occurences and resolve to delegate roles to financial members at one of the first meetings of the year. These resolutions should always be minuted so a pemanent record is kept of the arrangement.

Question 27

16. Can a person be removed from an Office Bearer position or from the Executive Committee?

Accepted Answer

Yes, as stated in Rule 14.3:   14.3 The Executive Committee shall have the power to declare vacant the seat of any of its members who: without leave or reasonable excuse, is absent from three (3) consecutive meetings of the Association. The Executive Committee in its absolute discretion shall determine what constitutes a reasonable excuse; without reasonable excuse, wilfully and persistently fails to perform the duties of the office as defined by these Rules; have a criminal conviction relating to; offences against children theft, fraud or dishonesty ceases to be a member of the Association   The process for this will require the moving of a motion, seconding and then debate  to remove the member. It must then be put to a vote and passed by a simple majority.   The minutes from the Executive Committe Meeting must then be tabled at the next General Meeting for ratification.

Question 28

13. What are the major duties of the Executive Committee?

Accepted Answer

The Executive Committee members have individual duties, but as a collective they have a an overarching duty to manage the P&C responsibly as stated in Rule 14.2. 14.2      The duties of the Executive Committee will include: a duty of care and diligence; a duty to act in good faith in the best interests of the association and for a proper purpose; a duty not to misuse one’s position and a duty not to misuse information obtained through the position to gain advantage for self or someone else or to cause detriment to the association; and a duty to prevent the association trading when insolvent.

Question 29

31. Do we need to give notice if we want to spend the P&Cs funds?

Accepted Answer

Yes, this is an important change. Rules 24.1 & 24.2 state that motions for approval to expend the P&C’s funds (financial motions) must be given in writing to the membership at least 7 days prior (General Meeting) or 48 hours prior (Executive Meeting). Financial motions can be raised at a P&C meeting and discussed, but the P&C is unable to put them to a vote and approve them at that meeting. It is likely that this will make a significant change to how your P&C operates. Some tips: 1) Create a fundraising calendar at the beginning of each year. Fopr each planned event estimate an amount you will need to spend to run the event successfully (include a buffer for contingencies). Present this calendar and anticipated spending at the first General Meeting of the year for approval. A motion for each event could be phrased as (an example): "that the P&C spend up to $500 on consumables and equipment for a sausage sizzle fundraiser in Term 2, 2020". 2) Make sure these rules are well ‘advertised’ – school/Principal; 3) Be firm with the rule (don't bend it); 4) Request a ‘wish list’ from school at the start/end of year and pass that spending in the same way as decsribed in point 1;
5)  In financial motions use the term ‘up to’ (a dollar amount), and allow a buffer for contingencies; and 6) Sub-committee ToRs to have spending permissions, with restrictions e.g. “the Sub-committee has the power to spend up to $100 per term on consumable items directly aligned with the operations of the Sub-committee” Non-financial motions may still  be proposed at a General Meeting or Executive Meeting without prior notice (Rule 24.3)

Question 30

49. If the President wishes to participate in debate should they vacate the Chair?

Accepted Answer

Yes, so they are not in the position to 'lead from the chair', they should vacate the position and have another Office Bearer fill the position for the duration of the debate. This action should be minuted.

Question 31

36. What happens if we can’t make quorum before the meeting starts?

Accepted Answer

If this happens the meeting may: lapse; be reconvened at another date; or converted to an Executive Meeting, if there is a quorum of Executive Members. If a quorum lapses during a General Meeting, then the meeting will end. All unfinished business will be placed on the agenda for the next General Meeting. (Rule 25.3)

Question 32

30. Have the requirements of Special General Meetings changed since the previous Constitution?

Accepted Answer

No, the requirements are the same and can be found in Rule 23.3.

Question 33

45. Who can vote at a meeting?

Accepted Answer

Financial members (including the chair of the meeting) and ex-officio members present at the meeting can exercise a deliberative vote on: any motion at the meeting, any proposal before the meeting; or any election held at the meeting. No other person shall be entitled to vote at any meeting of the Association.   A deliberative vote is a vote given to a financial member of the Association. It is an equal vote. No financial member has a more powerful vote than any other member. (Rule 27.1)

Question 34

29. How often do we have to hold a General Meeting?

Accepted Answer

This has not changed from the previous Constitution. The P&C must hold at least one General Meeting per term (Rule 23.2.1).

Question 35

40. What is a Special Resolution?

Accepted Answer

A Special Resolution is a resolution that makes a major change to the P&C such as changing the rules, changing the name or cancelling incorporation. Because these are significant changes that will require lodgement with DMIRS, three-quarters of members present must vote in favour. The resolution must also be recorded in the minutes as a Special Resolution. If a Special Resolution is to be presented to members, they must be given 7 days’ notice of the motion (Rule 26.3).

Question 36

33. What is ‘not a small school’?

Accepted Answer

‘Not a small school’ is also sometimes referred to in WACSSO guides as a ‘large school’. This means that the student population of the school is over two hundred (200) students.

Question 37

28. When do we have to hold our AGM?

Accepted Answer

The Annual General Meeting of the Association must be held within four months of the end of the financial year within which the Association reports (Rule 23.1.1). Minutes will be taken at the AGM and need to be ratified at the next scheduled General Meeting (Rule 23.1.3).

Question 38

48. Should we have copies of the Constitution at our meetings?

Accepted Answer

Yes, weven though members are entilted to have a copy, the P&C should have half-a-dozen re-usable copies laminated to keep on the table at every meeting.

Question 39

44. I can’t get to the meeting, but really need to vote on an item. Can I get someone to vote on my behalf?"

Accepted Answer

No, this is called proxy voting and is not permitted in P&Cs. If you can’t make it to the meeting consider joining by a form of real-time communication (phone, Skype etc). (Rule 27.4)

Question 40

42. What is a conflict of interest and do I need to disclose this?

Accepted Answer

The Associations Incorporations Act 2015 refers to these as ‘matters of material personal interest’. If there is a matter for consideration before an Executive or General Meeting that a member is likely to gain from financially or personally, they must declare an interest in the matter, ask the Secretary to record this declaration in the minutes, and then leave the venue while that matter is being debated and voted on (Rule 26.4).

Question 41

37. Can a member attend a meeting by phone?

Accepted Answer

Yes, or by any other means of real-time technology (Skype, video-conference etc), however it must be a form of technology that allows for their identification (voice, face). The Secretary should record in the minutes; time they joined, form of technology, and time they left the meeting. It is not permitted for a person to become a member of the P&C by this form of communication. They must be a financial member of the P&C prior to the meeting they join by real-time technology.

Question 42

43. How many votes are needed to pass/carry a motion?

Accepted Answer

For any motion that is not a Special Resolution, a simple majority is required to carry a motion. A simple majority is 50% + 1 of the members present at the meeting. For example, if there were 12 members at the meeting, then a simple majority is 7. (Rule 27.2)

Question 43

51. We've called two General Meetings this term, but have failed to make quorum at both and so have converted them to Executive Committee Meetings. Is this sufficient?"

Accepted Answer

Rule 22.2.1 states that a P&C will have at least one General Meeting per term, so the P&C will still need to hold an official General Meeting.

Question 44

38. Can a person become a member of the P&C over the phone at a meeting?

Accepted Answer

No, please see the previous question.

Question 45

32. What is the definition of a ‘small school’?

Accepted Answer

In the glossary of the new Constitution a ‘small school’ is defined as a school with an average daily attendance of two hundred (200) or less students recorded at the start of the school year. This is a change from the 2001 Constitution that used the figure of one hundred (100) students. This change has come about due to the struggle some regional schools and smaller metropolitan schools have in attaining quorum.

Question 46

41. Can we pass a Special Resolution at an Executive Committee Meeting?

Accepted Answer

No, Special Resolutions are for significant changes and must be passed at a General Meeting (AGM, Special General Meeting included) where every P&C member has the chance to take part in debate and vote (Rule 26.3).

Question 47

39. Can a member of the P&C make a decision without approval of the P&C?

Accepted Answer

No, all decisions or actions must be endorsed by the Executive or General Committee. Individuals cannot act independently. (Rule 26.1)

Question 48

34. What are the meeting quorums for a 'small school'?

Accepted Answer

For any General Meeting (Annual General Meeting, Special General meeting included), the quorum is five (5) financial members. For an Executive Committee Meeting, the quorum is three (3) of the Executive (Rules 25.1 & 25.2).

Question 49

35. What are the meeting quorums for 'not a small school' (large school)?

Accepted Answer

For any General Meeting (Annual General Meeting, Special General meeting included), the quorum is eight (8) financial members. For an Executive Committee Meeting, the quorum is five (5) of the Executive (Rules 25.1 & 25.2).

Question 50

47. Can a member of the school staff be an Office Bearer of the P&C?

Accepted Answer

Yes, school staff can be financial members of the P&C, Executive Committee members and Office Bearers. The only exception is a Principal, who can't be an Office Bearer or signatory.

Question 51

50. Why do P&Cs now need to give notice of intention to spend funds?

Accepted Answer

There are a number of reasons for this: It is simply good practice and enhances financial governance; it allows members to complete due diligence; it gives time for members to formulate questions for the meeting; it reduces the possibility of bias, real or perceived; and it reduces the chances of 'judgement' or 'intimidation', real or perceived. If there is a significant* amount of P&C funds included in the motion, the P&C may wish to use a (secret) ballot to further reduce the worry that members are being 'judged' on their vote.   *significant - this will vary according to the revenue of each P&C.

Question 52

150. Can a P&C use a POS (EFTPOS) terminal and software for P&C activities, such as canteen, uniform shop and fundraising events?"

Accepted Answer

Yes. These types of systems -when well managed- can make money exchange more secure, user friendly, hygienic and increase traceability. With the popularity of NFC phone pay apps Google/Apple Pay, tap'n'pay and the emergence of a 'cashless society'  some P&Cs are setting up POS systems for incoming payments.    There are a number of possible providers, but it should be noted, WACSSO does not endorse specific commercial products and services. Our aim is to give you ideas and allow your P&C to make good decisions that comply with your operations and the P&C Constitution.   In our latest research on the major options, we have found: Square Reader is no longer accepting new registrations from incorporated associations. This includes P&Cs. It is rumoured they may be reviewing this decision in 2021.  PayPal (US based) may not recognise entities incorporated under state legislation. This includes P&Cs. Tyro (Australian based) will accept registrations from incorporated associations (P&Cs). Though some providers will accept registrations from individuals (on behalf of the P&C), P&Cs should steer well clear of such arrangements as this does not comply with the P&C Constitution.

Question 53

58. Can our P&C use internet banking?

Accepted Answer

Rule 17.7  of the P&C Constitution allows for this, "Electronic Funds Transfer may be used where the financial institution’s software provides the required functionality and security, and can occur with two authorisations." Just like any other financial transaction of the P&C, two authorised signatures are required.

Question 54

56. Who are the permitted signatories on P&C accounts?

Accepted Answer

Rule 17.6 states: Ensuring all cheques on all accounts of the Association (including any sub-committee of the Association) are signed by any two (2) of the following authorised signatories: President (mandatory) Vice President  Honorary Secretary  Honorary Treasurer  One (1) member of the Executive Committee where appointed for such purpose at the Annual General Meeting of the Association (optional). Simply put, there should be a minimum of four Office Bearers as signatories and then an optional fifth signatory to be elected from the Executive Committee. The Principal is not permitted to be a signatory (Rule 6.0).

Question 55

55. Can signatories who have a direct relationship co-sign financial transactions?

Accepted Answer

No, Rule 17.6.1 states, "Where there is a direct relationship between two authorised signatories, they shall not be permitted to co-sign any cheques of the Association".   The Glossary attached to the P&C Constitution defines a direct relationship as "business, immediate or extended family, and marriage/de facto relationships."

Question 56

61. Does a Treasurer's Report need to be presented at every General Meeting?

Accepted Answer

Yes, refer to P&C Constitution Rule 17.11, "Presenting a written financial statement showing the current financial position of the Association to each General Meeting of the Association." This is a duty of the Honorary Treasurer.

Question 57

60. Who does the P&C banking?

Accepted Answer

Under Rule 17.4, "Paying all monies received into such bank account or accounts as the Association may from time to time decide upon.", this is the duty of the Honorary Treasurer.   However there will be times when due to work, family or other commitments, the Treasurer will be unable to bank money. In this case, it should be resolved at a General or Executive meeting that another person does this job. This should appear in the minutes of the meeting.

Question 58

57. This question has been removed. See Q&As 50 and 72

Accepted Answer

Enter your answer here

Question 59

52. Can the P&C set its own financial year?

Accepted Answer

Yes, Rule 3.8 gives the P&C power to set its own financial year and Rule 4.0 allows the P&C to make a sole change to the Constitution where they vote to set this financial year.   4.0        FINANCIAL YEAR              The financial year will be the period of 12 months commencing on __________. Once a financial year has been set, it will take a special resolution to change it.  * ‘Special Resolution’ a motion at a General Meeting to amend the rules, change the name or objects, or to wind up an Association. A three quarter majority is required to carry the motion.

Question 60

62. How do we reimburse members who have spent their own funds for P&C business?

Accepted Answer

Rule 26.1 states: All decisions or actions must be endorsed by the Executive or General Committee. Individuals cannot act independently. For a P&C member to be reimbursed for personal funds spent, they must first have approval to spend the funds (must be minuted). If a member has not heeded this process, the P&C has the right to refuse reimbursement. If approval has been given, the member will be required to show receipts of expenditure prior to reimbursement. The P&C should provide reimbursement by EFT or cheque, not cash.

Question 61

59. What is the correct procedure for counting money?

Accepted Answer

P&C Constitution Rule 17.3 states: "Counting and signing off on all monies received with at least one other member of the Association." As this rule comes under the duties of the Honorary Treausrer, this means that the Treasurer must count and sign off on all monies with one other member of the P&C.

Question 62

54. What do we do if the Executive Committee refuses to sign a solvency declaration?

Accepted Answer

If they have real concerns, it may be a case of the books not being in order because the Treasurer has not done their job properly. The P&C may need to hire a professional to do the books or a suitably qualified person to conduct a review/audit.

Question 63

151. Can a P&C use a debit card?

Accepted Answer

Yes, a P&C may resolve to use a debit card. Please use WACSSO's Debit Card guide to make sure the debit card is impemented and used in compliance with the P&C Constitution.

Question 64

53. The Executive Committee is required to make a Solvency Statement to be presented at every AGM. What is this?

Accepted Answer

At the AGM, the Executive Committee will be required to present a solvency statement, in respect of the Association and endorsed by the Executive Committee stating that the financial statement has been examined and whether or not in their opinion the P&C will be able to meet the Association’s debts and liabilities as and when they become due and payable (Rule 17.10.3). A template for this statement can be found here in the resources section of the WACSSO website.

This section notes the major changes from the previous P&C Constitution

* A section that has some changes (denoted within by *)

** An entirely new section

You can also download a summary of major changes in a compliance checklist

This section notes the major changes from the previous P&C Constitution

​

* A section that has some changes (denoted within by *)

** An entirely new section

​

You can also download a summary of major changes in a compliance checklist

​