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Membership of Foundation

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3 Membership of Foundation

(1)

The members of the Foundation shall be such persons, whether natural persons or bodies corporate or unincorporate, as qualify for membership under this rule and apply to the Council for membership.

(2)

The qualification for membership is the making of a gift or gifts to the Board or to the Foundation amounting in value to not less than —

(a)

$5 000 in a period of 5 years; or

(b)

$4 000 in a period of 5 years that ended before the commencement of the Art Gallery of Western Australia Foundation Amendment Rules 2018 rule 3.

(3)

A gift may be in cash or kind and the value of a gift in kind shall be determined for the purposes of this rule and rule 4 by the Board.

(4)

A person or body that undertakes in a form approved by the Board to make a gift over a period not exceeding 5 years shall be deemed for the purposes of this rule and rule 4 to have made that gift in full so long as the undertaking is complied with.

(5)

If an undertaking of the kind referred to in subrule (4) is not complied with within 1 month of the posting or other delivery to the member of a notice from the Foundation that a gift specified in the undertaking is due, the membership of the person or body shall cease unless —

(a)

the Board determines otherwise in the particular circumstances; or

(b)

a gift or gifts previously given qualify that person or body for a category of membership (in which case the person or body becomes qualified for membership of that category).

(6)

A person who covenants with the Board, in a form approved by the Board, to make a testamentary bequest to the Board of a specified amount shall be deemed for the purposes of this rule and rule 4 to have made a gift equal to one half of that amount.

(7)

The Board may grant membership of any category to a person not otherwise qualified for that membership where the Board considers the person to be so deserving by reason of artistic or other achievement or services to the Foundation or the Art Gallery.

[Rule 3 amended: Gazette 28 Dec 2018 p. 4885.]

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