WINDING UP OF ELTHAM BASKETBALL CO-OPERATIVE
Eltham Basketball Co-operative was formed in the 1970s firstly as a guarantor of Eltham Basketball Club’s contribution to the Games Hall at Eltham Leisure Centre and then as a guarantor or further construction at Eltham High and Montmorency Secondary College.
All loans have now been repaid. There is no continuing purpose for the Co-operative and it is difficult to meet some of the legal requirements of continuing the Co-operative.
The last Annual Meeting of the co-operative voted to take steps toward winding up the co-operative, however this is a complicated process described in the Victorian Co-operatives Act 1996 (division 3) page 209 and following.
The Club is prepared to pay someone with appropriate skills to guide this process and undertake the administrative work involved. Suitably qualified people should apply by sending their resume to the Chairperson Eltham Basketball Co-operative PO Box 220 Eltham 3095 by April 16th.
For more information please email David Hickman at email@example.com