[Linux-aus] [Announce] Notice of Linux Australia Special General Meeting to be held on 29/08/2011
mary at puzzling.org
Mon Aug 8 21:21:27 EST 2011
On 2011-08-04, John Ferlito <johnf at inodes.org> wrote:
> There are three reasons we picked October. Firstly it aligns with when
> BAS's are due. Secondly it occurs at a time of year that ensures that
> the majority of our turnover (LCA) ends up all in one financial year.
> Lastly June is a busy time for some members of the council especially
> for myself since it is tax time for the majority of individuals and
> businesses. So by having LA's financial year start in October it
> removes some of the pressure from our already busy Volunteers.
Maybe it was implicit that Anand already understood this, but the original
problem was that there should be a less than six month period between close of
financial year and AGM.
Close of financial year on 30 June: AGM must be held by 31 December, so, AGM
can't be held at LCA. (This may have motivated the switch to a Jan to Dec
Our current close of financial year on 31 December: unlikely in the extreme
that the accounts can reasonably be professionally audited by mid-January,
so, AGM can't be held at LCA.
Close of financial year on 31 October: AGM window doesn't close until 31 March,
yet auditors have several months to work before LCA, AGM can still be held at
This was a major factor in the choice of a date not in June and not in
December, the desire to continue to hold the AGM at LA's major event so that
more of its members can attend.
 This has been explained several times on linux-aus in recent months, but,
briefly, an audit is now required for Linux Australia due to total revenue exceeding
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