Society for Natural Capital Accounting — Rules
https://naturalcapitalaccounting.org/rules/
Society for
Natural Capital AccountingSoNCA
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Governance

Rules

The Society has adopted the ACT model rules. This page explains what that means in plain language, and links to the authorised version.

What the rules are

The Society for Natural Capital Accounting is an incorporated association under the Associations Incorporation Act 1991 (ACT). Rather than draft its own constitution at the outset, the Society has adopted the ACT model rules — the standard set of rules provided under that Act. This is a common and deliberate choice for a new association: the rules are tested, publicly available, and familiar to the regulator.

Read the full rules on the ACT Legislation Register

Plain-language summary

The rules cover, among other things:

Membership
Who may join, how applications are dealt with, the register of members, subscriptions, and how membership ends.
General meetings
The annual general meeting and any special general meetings — how they are called, what notice is required, what constitutes a quorum, and how members vote.
The committee
The composition of the management committee, how members are elected, terms of office, casual vacancies, and how the committee meets and decides.
Officers
The roles of President, Vice-President, Secretary, Treasurer and Public Officer, and their duties.
Finances
How funds are managed and applied, the keeping of accounts, and the audit or review of financial statements.
Disputes and discipline
How disputes between members, or between members and the Society, are resolved, and the procedure for disciplinary action.
Changing the rules
How the Society may amend or replace its rules, by special resolution.

The founding committee

The current committee is a founding committee. It will guide the Society through its establishment period, and members will elect the committee in accordance with the rules at the first annual general meeting — to be held within eighteen months of incorporation.

The founding committee and governance

What else the Society will publish