The Sydney Flying Squadron Limited Board of Directors is pleased to present the company’s Annual Reports and Financial Statements:
Annual Reporting from 2008
Historically, the club (and all companies) were required by law, to print and send a copy of the annual report to every financial member of the club for that year. Printing and mailing out Annual Reports is a very expensive exercise, and often resulted in some households receiving more than one, and some up to 4+ copies.
Changes to Section 314 (1AB) of the Corporations Act 2001 in the Corporations Legislative Amendment (Simpler Regulatory System) Act (2007) allows the club to send the Annual Report only to those members who now elect to receive a copy.
Members were advised of this change in the printed 2007-2008 Annual Report which was distributed to all current financial members in September 2008. They have also been advised periodically by letter and E-news. New members since that time have been able to elect to receive a printed copy on their Application Form.
For those who did not elect to receive a printed copy of the club’s Annual Report for the 2008/2009 year onwards, thank-you. It will continue to be available to view on the club’s website. For those who want to receive a printed copy in future, please complete the request form and send the signed form to the club for processing.