BAS Rules and Constitution

Rules and Constitution 3 (11) In furtherance of the objects of the Association to lend and advance money or give credit to any person or body corporate; to guarantee and give guarantees or indemnities for the payment of money or the perfor- mance of contracts or obligations by any person or body corporate, and otherwise to assist any person or body corporate; (12) To borrow or raise money either alone or jointly with any other person or legal entity in such manner as may be thought proper and whether upon fluctuating advance account or overdraft or otherwise to represent or secure any moneys and further advances borrowed or to be borrowed alone or with others as aforesaid by notes secured or unsecured, deben- tures or debenture stock perpetual or otherwise, or by mortgage, charge, lien or other security upon the whole or any part of the incorporated association’s property or assets present or future and to purchase, redeem or pay off any such securities; (13) To draw, make, accept, endorse, discount, execute and issue promissory notes, bills of exchange, bills of lading and other negotiable or transfer- able instruments; (14) In furtherance of the objects of the Association to sell, improve, manage, develop, exchange, lease, dispose of, turn to account or otherwise deal with all or any part of the property and rights of the Association; (15) To take or hold mortgages, liens or charges, to secure payment of the purchase price, or any unpaid balance of the purchase price, of any part of the Association’s property of whatsoever kind sold by the Association, or any money due to the Association from purchasers and others; (16) To take any gift of property whether subject to any special trust or not, for any one or more of the objects of the Association but subject always to the proviso in sub-rule (4); (17) To take such steps by personal or written appeals, public meetings or otherwise, as may from time to time be deemed expedient for the pur- pose of procuring contributions to the funds of the Association, in the shape of donations, annual subscriptions or otherwise; (18) To print and publish any newspapers, periodicals, books or leaflets that the Association may think desirable for the promotion of its objects; (19) In furtherance of the objects of the Association to amalgamate with any one or more incorporated associations having objects altogether