Memorandum of Association of Australian
Tropical Research Foundation Limited
(ABN 21-059 585 107)
Company name: Australian Tropical Research Foundation Limited
The Objects ("Objects") for which the Foundation is established are:
- To conduct and facilitate research into terrestrial and aquatic ecosystems in Australia and elsewhere.
- To research human impact on the Australian tropics and develop and promote sound management practices for the tropics.
- To provide a unique research facility for the needs of scientists, managers, and others in the tropical ecosystems of Northern Australia.
- To support the development of appropriate technologies for minimizing human impact on the tropical environment.
- To provide the means to encourage and train students in disciplines relevant to the aims of the Foundation.
- To encourage the participation of scientists from all countries of the world in the research and teaching activities of the Foundation.
- To acquire the land, being Lot 2 in Registered Plan 740257 in the Parish of Noah, County of Solander at Cape Tribulation, along with two laboratories and accommodation cabins for researchers, and an information center for tourists ("the Bat House"), and any other land for the furtherance of its endeavors.
- To acquire land for conservation purposes.
- To apply to the Government, public bodies, local municipal, corporate, academic, community groups and the public, generally for grants and subsidies of money, with a view to promoting the objects of the Foundation.
- To provide scholarships and grants to researchers to encourage the investigation of the ecology and biological diversity of the tropics.
- To establish and operate a Gift Fund ("the AUSTROP Fund") in full compliance with the requirements of Section 78AB of the Income Tax Assessment Act 1936.
- To support and operate a research facility in the lowland wet tropics of Queensland at Cape Tribulation to be known as the Cape Tribulation Tropical Research Station, and any other such Research Station as the Foundation determines.
- To educate the public in ecology and conservation of the wet tropics and other relevant topics.
- To open any bank accounts and to operate within financial markets.
- To purchase, take on lease or otherwise acquire real or personal property, to remunerate or reward any person or Company or Association for services rendered to the Foundation.
- To invest and deal with money of the Foundation not immediately required in such a manner as may from time to time be determined by the Board of Directors.
- To do all such lawful things as are incidental or conducive to the attainment of any or all of the Objects of the Foundation.
- Notwithstanding the provisions of clause 2 hereof, the Foundation has, both within and outside Australia, the legal capacity of a natural person and may do all such lawful things as a natural person may do.
- The income and property of the Foundation must be applied solely towards the promotion of the Objects, and no portion of them may be paid or transferred, directly or indirectly by way of dividend, bonus or otherwise, to the members of the Foundation.
Nothing in the Memorandum of Association Prohibits:
- 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, out of pocket expenses, or for goods supplied in the ordinary and usual way of business, where the amount does not exceed an amount previously approved by the Directors of the Foundation.
- The payment of interest, at a rate not exceeding the rate for the time being fixed for the purpose of this paragraph by the Directors on money borrowed from any members of the Foundation.
- The payment of a reasonable and proper rent for premises let by any members to the Foundation.
- The payment of any salary or wage to a director as an employee of the Foundation, where the Directors of the Foundation have approved the terms of employment.
- The liability of the members is limited.
- Any donations, funds, or properties allocated by the Foundation to other organizations will be made in accordance with the established objectives of the Foundation, and will not be influenced by the expressed preference or interest of the particular donor to the Foundation.
- Every member of the Foundation undertakes to contribute to the property of the Foundation in the event of the Foundation being wound up while it is a member or within one year after it ceases to be a member, for payment of the debts and liabilities of the Foundation (contracted before it ceased to be a member), and of the costs, charges and expenses of the winding up, and for the adjustment of the rights of the contributories among themselves, such amount as may be required, not exceeding twenty dollars ($20.00).
- If on the winding up or dissolution of the Foundation there remains, after the satisfaction of all its debts and liabilities, any property whatsoever, that property must not be paid to or distributed amongst the members of the Foundation but must be transferred to a company or organization established for like purposes as the Foundation, or to a registered charity or an organization exempt from registration under the provisions of the Charitable Collections Act 1934 (New South Wales) or Collections Act 1966 (Queensland), and listed in the Register of Environmental Organizations held by the Department of Arts, Sport, the Environment and Territories.
- No amendment may be made to this Memorandum or to the Articles of Association of the Foundation unless the Minister of the Crown for the time being administering the Charitable Collections Act 1934 (New South Wales) or Collections Act 1966 (Queensland) shall be notified of the amendment and such an amendment shall not be effective unless the Minister has signified his approval of such amendment.
The Full Names and Addresses of the Subscribers are:
- Hugh Spencer, Cape Tribulation Tropical Research Station.
- Brigitta Flick, Cape Tribulation Tropical Research Station.
- John Sinclair, 36 Kemp Street, Gladesville, New South Wales.
- Andrew Small, 85 Balaclava Road, Earlsville Cairns, Queensland.
- Dr. Michael Archer 3 Flower Street, Maroubra, New South Wales.
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