// Terms and Conditions

A-League4Canberra

FOUNDATION TRUST ACCOUNT CREATION AND PRIMARY PURPOSE
The A-League 4 Canberra Trustees will establish a Trust account at SERVICE ONE MEMBERS BANKING (the Trust Account) for the purpose of deposit by prospective members wishing to become a Foundation Member (the Foundation Membership) of an A-League football Team for Canberra. The beneficiary to this Trust will be the A-League 4 Canberra body which is to be incorporated shortly (the Beneficiary). It is hoped that the A-League football team will be established for entry in the 2010/2011 football competition or at a later time. The cost of the Foundation Membership is $200 (or such greater sum as the prospective members choose) which is fully refundable to the applicant (the Applicant) for the Foundation Membership, if the committee or board of the Beneficiary (the Board) in its sole discretion determines that the application to the Football Federation of Australia for an A-League football team for Canberra has been unsuccessful (whether it be for the 2010/2011 football competition or for a later year not later than 31 December 2012). Applicants will receive a numbered certificate of their efforts to assist in the creation of an A-League football team for Canberra irrespective of whether the application is successful. If successful in the application for an A-League football team for Canberra, the Applicants will receive a numbered certificate and member benefits such as discounts on ticket sales to games and other benefits, at the discretion of the A-League football team management. Monetary interest received from the funds deposited in the Trust Account will be used in furtherance of the application for an A-League football team for Canberra by the Beneficiary and/or the funds required to run the said team if it is established. If the application for an A-League football team is unsuccessful, any surplus interest will be donated to local soccer activates and community bodies in furtherance of soccer at the discretion of the Board. In the event that any Applicant(s) have deceased or cannot be contacted at the time of refund of any application fee (as the personal details provided by them have changed or lapsed), such fees will be donated to local soccer activates and community bodies in furtherance of soccer at the discretion of the Board. The signatories to the TRUST ACCOUNT will be the Trustee.

Ivan Slavich
Bid Leader
A-League4Canberra