For a copy of the current SLRS Constitution adopted by a general meeting of Sanctuary Lakes Resort Services Limited on 31 May 2016, click here
The original Constitution of SLRS (then Sanctuary Lakes Residents Association Ltd) became effective on 28 April 2000. The original Constitution had a number of amendments until the final version of November 2011.
Those present at the 2015 AGM of SLRS were advised at the AGM that when preparing for the meeting, it was discovered that the Constitution in place at that time did not satisfy the requirements of the Corporations Act for a company limited by guarantee. The Board has addressed that deficiency.
Rather than making numerous amendments to the Constitution then in place, the Board determined that it was preferable to have a new Constitution prepared that was up to date, addressed the operating issues required by the Company and met the requirements of the Corporations Law for a company limited by guarantee.
The new Constitution has the full support of the Board and was adopted by a special resolution at the general meeting of Sanctuary Lakes Resort Services Limited.
For those who may be interested in comparing the significant changes, the attached table of changes with corresponding clauses is provided. click here