Publication Name: PESA Journal
Authors: A.G. Thompson
Publication Issue: 2
Date Published: February 1983
Number of Pages: 1
Abstract:
The Federal Executive of PESA has resolved to recommend to members incorporation of PESA as a company under the Companies Code. The principal reason underlying this recommendation IS that with incorporation comes a limitation upon the liability of the members for the debts and obligations of the Society. In the President's Page Bevan Devine gives some examples of the types of risk that members may be exposed to if the Society remains an unincorporated association. Legal advice to the Society is that the most suitable type of company to be incorporated is one limited by guarantee, and this is explained further below...