Notice of Special General Meeting of The South African National Equestrian Centre and the Kyalami Park Club to be held at the Kyalami Park Club Clubhouse, Kyalami Equestrian Park, Dahlia Road, Kyalami on Wednesday, the 18th November 2015 at 18h30

Notice is hereby given to the members, by the Executive Committee, that a Special General Meeting of The South African National Equestrian Centre and the Kyalami Park Club will be held on Wednesday, 18th November 2015, at 18h30 at the

Kyalami Park Club Clubhouse, 1 Dahlia Road, Kyalami, Midrand.

Special Resolutions to be passed at the Special General Meeting:

  1. The adoption of the new Memorandum of Incorporation for the South African National Equestrian Centre.

The revised Memorandum of Incorporation, copy attached, is required for the implementation of the funding scheme as presented to the Members.

Any queries from Members pertaining to the attached Memorandum of Incorporation, must be sent to Jimmy Telle at jimmy@jatinvestments.co.za and must be received by no later than the 9th November 2015.

  1. Ratification of the approval of the Change of Financial Year End of SANEC and the Kyalami Park Club from July to December, to align with the requirements stipulated by SASCOC, as was approved at the November 2014 AGM of the Kyalami Park Club.

Amendment to Clauses 2.1.14;  5;  8.2 (1 to 5);  8.5;  8.6 and 9.2.1 of the Kyalami Park Club Constitution to reflect the change of the financial year end.

The Special Resolutions which have been proposed and which are required to be passed by a majority of not less than two thirds of the members present and entitled to vote to amend the Kyalami Park Club’s Constitution. Such proposals may not be considered unless both the proposer and seconder are present.

In terms of Clause 7.1. of the Constitution and Clauses 2.2; 10.6 and 11.4 of Annexure A of the Constitution of the Kyalami Park Club, only Adult Full Members, Custodian Members and Honorary Members are entitled to vote.

A copy of the Constitution of the Kyalami Park Club is available on request.

CLICK HERE FOR THE MEMORANDUM OF INCORPORATION FOR A PROFIT COMPANY

CLICK HERE FOR THE PROPOSED SHARE SCHEME