AMSA General Meeting
AMSA General meetings are open to all members of AMSA and are held during the three-council meeting each year, notice of these meetings are sent to all financial members of AMSA. The Annual General meeting (AGM) is usually held by teleconference in May each year and again is open to all members but twenty places are held for the AMSA representatives from each Medical School.
General meetings are to present to members an update of how the company is going and is also an opportunity to make changes to the constitution, to elect directors and to elect the incoming executive team.
General meetings - are governed by Part 2G.2 – Part 2G.4 of the Corporations Act 2001 and the AMSA constitution. General meetings usually cover matters outside of the scope of daily management, such as changes to the company name, status or capital structure, the constitution, approval of certain director benefits, removal and election of directors and auditors and director remuneration.
To be valid, general meetings have to be properly convened, constituted and conducted.
Annual General Meeting - Public companies like AMSA must hold an AGM at least once each calendar year in addition to any other general meeting that is called.
All Members will be advised of the following:
Place, date and time;
General nature of business;
Any special resolutions.
Any details regarding the appointment of proxies;
The Corporations Act 2001 specifies numerous obligations for public companies for AGM. The principal purpose is to consider the annual financial reports. Section 317 (1) requires that:
The directors of a public company that is required to hold an AGM must lay before the AGM:
(a) The financial report; and
(b) The directors' report; and
(c) The auditor's report;
for the last financial year that ended before the AGM.
The chair is central to the successful performance of all both general meeting's and the AGM. The chair has the power to preserve order, regulate the discussion, adjourn the meeting and also has powers in relation to voting procedures.
The Chair of the AMSA Board will generally chair all general meeting and will allow a reasonable opportunity for members to ask questions about or make comments on the management of the AMSA and to ask questions of the company's auditors or their representative.
AMSA will keep minutes of general meetings and be available to members.
AMSA's Annual General Meeting will be held on the 2nd of May 2017. For more information, click here.