Original source · versioned page text
2018-06-27 SM - Attachment 2 to Item 1 - Draft Funding Deed
Text sections have not been matched to the original PDF pages. Use the original document to check page numbers.
(i) receiving communications;
(ii) issuing and signing notices; and
(iii) responding to requests or directions,
on behalf of that party.
(b) A party may, from time to time, change the Contact Officer by written notice to the other parties
in accordance with clause 15.
(c) The Contact Officers will meet to review the performance of this deed upon reasonable written
notice given by any party.
6. Interest
Interest will be accounted for as follows:
(a) on Gazettal, the Interest will be released to the Department to be used and applied by the
Department to fund koala conservation projects in the Noosa Region and the Department
agrees to consult with the Council and the Association in relation to such proposed projects; or
(b) upon:
(i) expiry of this deed;
(ii) earlier termination of this deed; or
(iii) service of a valid notice on the Department by the Contributors under clause 3.2,
and in that event, Interest will be remitted equally to the Contributors in addition to their respective
Funding Contributions.
7. Mutual Obligations
7.1 Records
The parties must:
(a) keep proper and adequate records, accounts and supporting documents in accordance with
generally accepted accounting principles and as required by law, about all aspects of this
deed, including records about the performance of this deed and whether time frames and
performance requirements for this deed are met in secure storage for at least 7 years after the
Expiry Date; and
(b) comply with any additional recordkeeping obligations specified in this deed.
7.2 Compliance
The parties must:
(a) comply with:
(i) the terms and conditions of this deed;
(ii) applicable laws and regulations;
(iii) standards of professional care and diligence of the industry to which the parties belong;
and
(iv) each other’s reasonable requests, directions and requirements, to the other party’s
satisfaction; and
(b) communicate with, report and provide information to each other’s Contact Officer as
reasonably required by a party.
8. Publication
Before either Contributor may release a public statement or publish promotional material in any
media about this deed, the Contributor must:
(a) at least 10 Business Days before the proposed statement or publication, provide to the
Department a copy of the proposed statement or publication; and
7
See the original
The page text is free to read. Viewing or downloading an original file needs an account.
Log in to see the originalSearchable page text hides email addresses. Original files are unchanged and may show email addresses.