Justice Connect has published two new comprehensive guides to help those running a company limited by guarantee (CLG). A CLG is an incorporated legal structure that may be suitable for some not-for-profit organisations (including ministerial PJPs). These Guides are now available for free on their website’s Toolkits page.
1 The Guide to Running a CLG
This guide covers both types of CLG: those charitable CLGs registered with the Australian Charities and Not-for-profits Commission (ACNC) and those that are not registered with the ACNC (“a non-charitable CLG”). This Guide will be useful for those wanting to know the different arrangements of charitable and non-charitable CLGs, and those running a non-charitable CLG.
Read the guide to find out more about the general obligations for CLGs, the legal duties of directors and officers, the rights and obligations of members, appointing or removing a director or secretary, keeping registers, powers of the Australian Securities and Investments Commission (ASIC), annual general meetings, special general meetings, and ending a CLG. The guide also offers directors and others within a CLG “good governance” tips and tools for running a CLG. The practical tools include sample documents, checklists, registers and flowcharts.
This resource was developed with the assistance of ASIC and the ACNC.
2 The Guide to Running a Charitable CLG (a registered charity with the ACNC)
This guide focuses on running a CLG registered with the ACNC. It also offers those running a charitable CLG all of the above, including lots practical tools include sample documents, checklists, registers and flowcharts. It includes many case studies and helpful discussion on ACNC documents like the Template Constitution for a CLG and other publications.