Management Committee
Posted: 10 May 2013 16:21
Hello Nigel,
I have just been told news of a quite disturbing and far reaching nature concerning Management Committees. A year or so after a Committee was established complete with a list of names, they had an AGM and a couple of people came off and a new couple were elected onto the Committee. When they went back to their Lawyer to amend the names on the Committee they were told that effectively they had to re-register with a set of rules and Regulations (albeit identical) and names of the "New" full Committee even though only two had changed. There were of course considerable costs involved which I won't go into.
I am told they have found a way around this by electing all "New" Committee Members as " Acting ". So they have an acting Chairman, etc. down to acting Committee Member. Apparently this works for the day to day running of the Committee. However, and here's the crunch moment, it means that the original signatories are still liable as far as the Law is concerned, and this situation lasts indefinitely.
A second opinion was sought from another Lawyer who confirmed there was no alternative but to re-register every time a Committee Member changed. ( you could only make it up in Cyprus )
Have you ever come across this as I am sure this will put a lot of people off becoming Members of a Committee.
Best Regards, Barry.
I have just been told news of a quite disturbing and far reaching nature concerning Management Committees. A year or so after a Committee was established complete with a list of names, they had an AGM and a couple of people came off and a new couple were elected onto the Committee. When they went back to their Lawyer to amend the names on the Committee they were told that effectively they had to re-register with a set of rules and Regulations (albeit identical) and names of the "New" full Committee even though only two had changed. There were of course considerable costs involved which I won't go into.
I am told they have found a way around this by electing all "New" Committee Members as " Acting ". So they have an acting Chairman, etc. down to acting Committee Member. Apparently this works for the day to day running of the Committee. However, and here's the crunch moment, it means that the original signatories are still liable as far as the Law is concerned, and this situation lasts indefinitely.
A second opinion was sought from another Lawyer who confirmed there was no alternative but to re-register every time a Committee Member changed. ( you could only make it up in Cyprus )
Have you ever come across this as I am sure this will put a lot of people off becoming Members of a Committee.
Best Regards, Barry.