Review of the Registered Clubs Industry in NSW - Clubs NSW

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F ACG’s approach to measuring the benefits the community derives from club-provided goods and services F.2 Why is ACG’s estimate of benefits different from IPART’s estimate of the value of clubs’ social contributions? ACG’s estimate of the benefits the community derives for club goods and services differs from IPART’s estimate of the value of clubs’ direct social contributions because of the fundamental difference in what the two methodologies are measuring. As discussed in section 4.1.3, choice modelling measures the benefit communities derive from the consumption of club-provided goods. On the other hand, IPART’s approach estimates the value of clubs’ provision of social infrastructure and services, which necessarily involves a valuation, using some form of market or cost-based approach. For this review, the terms of reference require IPART to record the value of the club provision of social infrastructure and services. In other words, ACG has estimated the benefit to the community of maintaining the services provided by clubs, whereas IPART has estimated the total social contribution made by clubs. 252 IPART Review of the Registered Clubs Industry in NSW
G ClubsNSW - steps to establishing a registered club G ClubsNSW - steps to establishing a registered club 1. The first step requires a group of citizens with a common purpose to get together with the intention of establishing a club. Their intentions should be expressed by way of some form of memorandum of intent which sets out the objects of the club and their short, medium, and long- term objectives. All participants should sign this document. 2. The foundation group does not need to be very large (say 10-15 people) but they all need to be committed and hardworking. 3. The foundation group needs to appoint a foundation committee which will be the first board of directors (once the club is incorporated) but which in the meantime is charged with the task of steering the club through its formation towards incorporation and ultimately registration under the Registered Clubs Act. 4. The foundation committee needs to create a constitution for the club. The constitution must comply with the Registered Clubs Act, the Corporations Act and be in a form appropriate for a company limited by guarantee. 5. Once the foundation committee has created a constitution it can then apply to have the club incorporated as a company limited by guarantee pursuant to the Corporations Act. This is done by way of filing various documents with ASIC. 6. Once the club is incorporated the foundation committee must have regular meetings and maintain proper minute books and accounts and registers of members. 7. Also once incorporated the club can start attracting members and carrying on activities for members consistent with the objects of the club. At this stage, the club is not subject to the requirements of the Registered Clubs Act in relation to the holding of meetings, the procedures for admitting new members and the maintenance of books and records etc. Nevertheless, it is considered essential that these requirements be followed. This is necessary to establish the appropriate track record of compliance prior to the club applying for its certificate of registration. 8. Legal costs associated with preparing a new constitution and applying for incorporation will typically be approximately $10,000. Review of the Registered Clubs Industry in NSW IPART 253
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Independent Pricing and Regulatory
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Contents 6 Strengthening the financ
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Executive Summary Executive Summary
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Executive Summary estimated the val
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Executive Summary Therefore, IPART
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Executive Summary However, IPART al
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Executive Summary List of Recommend
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Executive Summary 15 Once the stand
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Executive Summary 29 That ClubsNSW
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Executive Summary 46 That ClubsNSW
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Executive Summary 60 That OLGR deve
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1 Introduction 1 Introduction Over
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1 Introduction 1.1.2 Review’s foc
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1 Introduction 1.2 Other reviews an
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1 Introduction 1.3 The structure of
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2 The registered clubs industry in
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3 Understanding the social contribu
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6 Strengthening the financial viabi
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10 Helping clubs better understand
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11 Making it easier for clubs to am
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12 Making it easier for new clubs t
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Page 229 and 230: A Terms of reference A Terms of ref
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Review of the Registered Clubs Industry in NSW - Clubs NSW

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