30Meetings of the Trust

30 Meetings of the Trust

30 Meetings of the Trust

(1) The Board is to call an annual general meeting of members of the Trust in each calendar year for the purpose of—

(a) declaring the result of the election of directors, and

(b) receiving the annual report and financial statements of the Trust from the Board, and

(c) appointing auditors, and

(d) exercising other functions of the Trust which under this Act or the rules may be exercised only at a general meeting.

(2) Sections 241 (Convening of general meeting on requisition), 242 (Convening of meetings) and 247 (Circulation of members’ resolutions etc) of the Companies (New South Wales) Code apply to the Trust in the same way as those sections apply to a company.