“the Association” means North Shields Polytechnic Club

 

“the beneficiaries” means members of the public living or working in the area of benefit

 

“the Chairman” means the chairman of the Association elected at the AGM

 

“clear day” means 24 hours from midnight following the triggering event

 

 “the Management Committee” is the governing body of the association

 

“EGM” means the extraordinary general meeting of the Association

 

“financial expert” means an individual, company or firm who is an authorised person or an exempted person within the meaning of the Financial Services Act 1986

 

“fundamental change” means such a change as would not have been within the reasonable contemplation of a person making a donation to the Association

 

“independent examiner” has the meaning prescribed by section 43(3)(a) of the Charities Act 1993

 

“material benefit” means a benefit which may not be financial but has a monetary value

 

“member” and “membership” refer to membership of the Association

 

“months” means calendar months

 

“objects” means the objects of the Charity as defined in clause 2 of the constitution

 

“written” or “in writing” refers to a legible document on paper including a fax message

 

“year” means a calendar year

 

 

 

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