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The Name of the company is AUSTRALIAN
DEER RESEARCH FOUNDATION LTD., hereinafter
called 'the Foundation'.
- The objects for which the Foundation is
established are:
- To encourage research into the biology
and management of deer by offering:
- post-graduate scholarships for study at
recognised tertiary educational institutions;
- grants to government authorities
and qualified groups or
individuals to undertake programs
of study or work which would
significantly contribute towards
the knowledge of deer or the
management techniques most
appropriate to deer in Australia.;
- To undertake research into the biology
and management of deer in Australia, particularly (but
without prejudice to the generality of the foregoing) to
establish:
- the effect of the deer on the Australian
environment;
- the relationship and impact of deer upon the
flora and other fauna in the Australian
environment;
- the management technique's most
appropriate to deer in Australia.
- To publish the results of research into
deer and such other information that would contribute towards the knowledge of
deer in Australia
- To promote the conservation and proper
management of deer and improve the status
of deer, in Australia.
- To assist in any way deemed desirable by
the Foundation any association
institution or organisation incorporated
or not incorporated and whether within
Victoria or else-where with objects
similar to these objects and which
restricts the division of property among
its respective members to an extent at
least as great as is imposed on the
Foundation.
- The income and property of the Foundation
whencesoever derived shall be applied solely
towards the promotion of the objects of the
Foundation as set forth in this Memorandum of
Association, and no portion thereof shall be paid
or transferred directly or indirectly by way of
dividend bonus or otherwise howsoever by way of
profit to members of the Foundation. Provided
that nothing herein contained shall prevent the
Foundation from undertaking any activity to raise
funds to facilitate the attainment of the objects
or such other things as are incidental or
conducive to the attainment of the objects, nor
prevent the payment in good faith of remuneration
to any officers or servants of the Foundation or
to any member of the Foundation in return for any
services actually rendered to the Foundation nor
for goods or services supplied in the ordinary
and usual way of business.
- The liability of the members is limited.
Each member of the Foundation
undertakes to contribute to the assets of the
Foundation in the event of its being wound up
while he is a member or within one year after he
ceases to be a member, for payment of the debts
and liabilities of the Foundation contracted
before he ceases to be a member and of the costs,
charges and expenses of winding up and for
adjustment of the rights of the contributories
among themselves, such amount as may be required
not exceeding ten dollars.
If upon the winding-up or
dissolution of the Foundation there remains after
satisfaction of all debts and liabilities any
property whatsoever, the same shall not be paid
to or distributed amongst the members of the
Foundation but shall be given or transferred to
some institution or institutions having objects
similar or in part similar to the objects of the
Foundation and which shall prohibit the
distribution of its or their income and property
among its or their members to an extent at least
as great as is imposed on the Foundation under or
by virtue of the third paragraph hereof, such
institution or institutions to be determined by
the members of the Foundation at or before the
time of dissolution and in default thereof by
such Judge of the Supreme Court of Victoria as
may have or acquire jurisdiction in the matter.
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