9Memorandum of understanding between clubs

9 Memorandum of understanding between clubs

9 Memorandum of understanding between clubs

(1) Registered clubs proposing to amalgamate must enter into a memorandum of understanding about the proposed amalgamation.

(2) The memorandum of understanding must—

(a) address how the premises and other facilities of the dissolved club will be managed and the degree of autonomy allowed in managing those premises and facilities, and

(b) list the traditions, amenities and community support of each club that will be preserved or continued by the amalgamated club, and

(c) set out each club’s intentions for the future direction of the amalgamated club, and

(d) specify the steps that will be taken to protect and preserve the leave and other entitlements of the employees of the dissolved club, and

(e) set out each club’s intentions for the following assets of the dissolved club—

(i) core property,

(ii) cash or investments,

(iii) gaming machine entitlements, and

(f) address risks associated with not meeting specified intentions for the core property of the dissolved club, and

(g) if the clubs have made an agreement under the Act, section 17AI(1)—set out the agreed period during which the major assets of the dissolved club must not be disposed of, and

(h) set out the circumstances in which, and the time after which, the amalgamated club is allowed to—

(i) cease trading on the premises of the dissolved club, or

(ii) substantially change the objects of the dissolved club.

(3) The memorandum of understanding must be available to the ordinary members of each registered club at least 21 days before a meeting is held to vote on the proposed amalgamation, including by being prominently displayed on—

(a) a notice board on each club’s premises, and

(b) each club’s website.