Governance

Members rights to financial records:

Clause 17(a) of the Registered Clubs Regulations provides:

A registered club must:

(a) prepare, on a quarterly basis, financial statements that incorporate:

(i) the club’s profit and loss accounts and trading accounts for the quarter, and

(ii) a balance sheet as at the end of the quarter.”

Additionally, clauses 17(c) to (e) inclusive of the Registered Clubs Regulations provide:

A registered club must:

(c) make the financial statements available to the members of the club within 48 hours of the statements being adopted by the governing body, and

(d) indicate, by displaying a notice in the form approved by the Director-General on the club’s premises and on the club’s website (if any), how the members of the club can access the financial statements, and

(e) provide a copy of the financial statements to any member of the club or the Director-General on the request (in writing) of the member or the Director-General”

Members can access this information by applying in writing to:

The General Manager
Pennant Hills Golf Club