Constitution of ICB

Corporations Act 2001 A Company Limited by Guarantee

Constitution of Islamic College of Brisbane Limited

A Company Limited by Guarantee

As amended by special resolution made on # 2019; and
Further amended by special resolution on January 2021
1. Preliminary
1.1 The name of the company is Islamic College of Brisbane Limited (the "School Authority").
1.2 The School Authority is a company limited by guarantee. The liability of the Members of the School Authority is limited to the guarantee provided in article 1.3.
1.3 Every Member of the School Authority undertakes to contribute to the property of the School Authority, in the event of the same being wound up while the Member is a Member or within one year after the Member ceases to be a Member, for payment of the debts and liabilities of the School Authority contracted before the Member ceases to be a Member and of the costs, charges and expenses of winding up and for adjustment of the rights of the contributories among themselves, such amount as may be required, not exceeding twenty dollars ($20-00).
1.4 The income and property of the School Authority must be applied solely towards the pursuit of charitable purposes through the promotion of the Objects and no portion thereof may be paid or transferred directly or indirectly by way of dividend, bonus, return of capital or otherwise to the Members.
2. Interpretation
3. Replaceable Rules
4. Objects
5. Powers
6. Payments to Directors
7. Members
8. Appointment of directors
9. CEO
9. CLO
10. Powers and Duties of the Board
11. Delegation by Board to Committees or Sub-Committees
12. Education Committee
13. Advisory Committees
14. Proceedings of the Board
15. Annual General Meeting
16. Special General Meetings
17. Proceedings at General Meetings
18. Proxies
19. Circular Resolutions
20. Concurrent Meetings and Multiple Venues
21. Financial Records
22. Accounts, audit and records
23. Seal
24. Winding Up
25. Notice
26. Indemnity insurance