What’s changed in 25 years?
There’s no doubt that your life has changed significantly in the past 25 years, from family through to your career.
Not surprisingly, the ASO federal body has also experienced significant changes in that time.
Since 1993, the federal body has operated as an association incorporated (ASO Inc) in the ACT. At the time, it was an appropriate model – the ASO was a small organisation, had minimal assets, zero staff, and did not require any more in terms of operational governance. But as we know, a lot can change in 25 years; and a lot has.
The ASO federal body has grown since then to the point that we have outgrown our ASO Inc model. Today, the federal body has a corporate office, employs several staff and has substantial assets. The time has come to enhance our operational governance by making one simple change – convert from an ASO Inc to a legal entity that better meets our needs as an expanding, influential national body.
Converting to a Company Limited by Guarantee
Federal Council has been looking at the structure of the ASO for a number of years. A Company Limited by Guarantee (CLG) is the only legal structure that is suitable for the ASO to change to. Other similar organisations including the RACDS have also transitioned to the same legal structure because it provides:
• stricter reporting requirements and hence a higher standard of governance and transparency
• better protection of membership assets
• an enhanced professional image – as a national organisation, our legal entity should reflect our influence, representation and advocacy efforts Australia-wide.
At the 2020 AGM in Cairns, members will be asked to vote on changing the legal entity that holds the federal ASO from an association incorporated in the ACT to a Company Limited by Guarantee.
It is a vote for one change at federal level only that requires minimal changes to the constitution. It has no impact on the existing state branch entities, ASO committees or their functions or on the state based rotational model of the Federal Council. It is about better meeting our operational governance needs now and in the future.