Print-friendly guide to the Annual General Meeting [PDF]
The Annual General meeting (AGM) is an important event for every club. It gives members, the racing industry and the committee a broad overview of the club’s current directions, an overview of the activities and highlights from the preceding year, the financial health of the organisation and confirms its purpose. It is also the time to undertake the official engagement of members into key elected positions.
The purpose of this document is to provide an overview of the procedures that need to be considered to achieve an effective AGM.
Generally the clubs constitution or the model rules for an association will provide information on AGM procedures. This document will refer to the Associations Incorporation (Model Rules) Regulations 2007 for guidance.
The timing of the AGM will be dependent on the rules of the club (the constitution or model rules). The AGM will generally be held within a certain timeframe following the completion of the audit of the Financial Statements. The model rules state that an AGM must be held within 3 months after the end of the financial year of the Association.
A club needs to give advance notice of the date, time and place of an AGM to all its members. The club rules or constitution will specify the manner of calling the AGM and the manner in which notice should be given. The notice should specify that it is the Annual General Meeting.
The model rules state that at least 14 days’ notice must be given and the public officer is to publish notice in at least one newspaper circulating in Tasmania. However, a club should give consideration to current forms of advertising to ensure notice is reached to all interested stakeholders.
The business of an AGM is normally to:
The following documents should be prepared and provided to all members and office bearers in advance of the meeting:
The procedures at the AGM are basically the same as those at an ordinary committee meeting.
Motions must be moved
-to accept the minutes of the last AGM
-to approve the Chairperson’s report (the Annual Report)
-to approve the Treasurer’s report (the Financial Statement)
Nominations must be called for from the floor for Office bearers – Chairperson, Deputy Chairperson, Secretary and Treasurer – and Committee members. If more than one person nominates for any office, or if there are more nominations than there are committee places, there must be an election. Election can be through a show of hands or by secret ballot.
The only special procedural provisions at an AGM are that:
The quorum is how many people you need to be present in order for a decision to be valid. This is defined in your constitution or rules.
The Chairperson is to be the president or in the absence of the president the next senior committee role. The chair should have considerable power, and autonomy, and flexibility, and should exercise these to make the meeting flow freely.
Guest speakers may be invited to present at the AGM. These can be experts on specific topics or people of interest.
If your organisation lends itself to visual presentation, consider preparing a display of your work during the year.
Make sure that the minutes are written up shortly after the meeting. If (as sometimes happens) they are left to the evening before the mailout, the Secretary may have difficulty finding last year’s notes. Ensure that you send any necessary documentation, for example the audited statement and change of public officer to the appropriate state/territory government department.
Retiring office bearers must hand over the operations to the new person, together with all documents, rubber stamps, bank details, etc. Retiring officers should also give their successors briefings describing key processes and current priorities and challenges.
If any of the people who are retiring from the Committee are signatories to the organisation’s bank account, try and have the necessary forms on hand so that the new signatories can be authorised after the meeting
The Annual report and financial statements must be lodged with Consumer, Building and Occupational Services following the AGM. More information can be found at http://www.consumer.tas.gov.au/registrations/incorporated_associations
A number of templates have been provided to assist with record keeping.