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The Companies Acts 1985 and 1989 Company Limited by Guarantee and not having a Share Capital
Memorandum of Association of The Private Physiotherapy Educational Foundation Amended April 2005
3. The Charity’s objects (‘the Objects’) are:
(a) of the usual professional charges for business done by any trustee who is a solicitor, accountant or other person engaged in a profession, or by any partner of his or hers, when instructed by the Charity to act in a professional capacity on its behalf: Provided that at no time shall a majority of the trustees benefit under this provision and that a trustee shall withdraw from any meeting at which his or her appointment or remuneration, or that of his or her partner, is under discussion. (b) of reasonable and proper remuneration for any services rendered to the Charity by any member, officer or servant of the Charity who is not a trustee. (c) of interest on money lent by any member of the Charity or trustee at a reasonable and proper rate per annum not exceeding 2 per cent less than the published base lending rate of a clearing bank to be selected by the trustees. (d) of fees, remuneration or other benefit in money or money’s worth to any company of which a trustee may also be a member holding not more than 1/100th part of the issued capital of that company. (e) of reasonable and proper rent for premises demised or let by any member of the Company or a trustee.
We, the persons whose names and addresses are written below, wish to be formed into a company under this memorandum of association.
Signatures, Names and Addresses of Subscribers
Dated: Witness to the above Signatures: Name: Address:
Occupation:
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Copyright © 2006 Private Physiotherapy Educational Foundation
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