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13.1 |
The financial year shall be from 1st July to 30th June of the following year. |
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14.1 |
A firm of Certified Public Accountants shall be appointed as Auditors at each AGM for a term of one (1) year and shall be eligible for reappointment. |
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14.2 |
It will be required to audit each year's accounts and present a report upon them to the AGM. It may be required by the President to audit SPMA's accounts for any period within their tenure of office at any date and make a report to the governing Council. |
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15.0 |
AMENDMENTS TO THE CONSTITUTION |
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15.1 |
Amendments to the Constitution shall be made only at a General Meeting. |
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15.2 |
Any member who wishes to propose any amendments(s) to the Constitution shall give two (2) weeks' written notice to the Hon. Secretary. The Hon. Secretary shall circulate the proposed amendments(s) to the members at least seven (7) days before the General Meeting is due to take place. |
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15.3 |
Amendments to the Constitution shall be carried by a two-third (2/3) majority vote of the total voting membership present. They shall only come into force after approval of the Registrar of Societies has been obtained. |
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16.1 |
If SPMA at any time acquires any immovable property, such property shall be vested in three (3) trustees appointed by the General Meeting, subject to a declaration of trust. |
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16.2 |
Any trustee may at any time resign his trusteeship. If a trustee dies or becomes a lunatic or is of unsound mind or moves abroad permanently or is absent from the Republic of Singapore for a period of more than one year, he or she shall be deemed to have resigned his or her trusteeship. |
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16.3 |
If a trustee becomes unfit to act or is guilty of misconduct of such a kind as to render it undesirable that he continues as a trustee, a General Meeting may remove him or her from his or her trusteeship. Vacancies in the trusteeship may be filled at a General Meeting. |
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16.4 |
Notice of any proposal to remove a trustee from his or her trusteeship or to appoint a new trustee to fill a vacancy must be given to the Hon. Secretary of SPMA in writing containing such proposal, at least twenty-one (21) days before the meeting is due to take place. The result of such meeting shall then be notified to the Registrar of Societies. |
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16.5 |
The Hon. Secretary shall also notify the Registrar of Societies the address of immovable properties, name of trustee and any subsequent changes. |
