2015-03-03 Planning & Organisation Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA   3 MARCH 2015




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PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                                       3 MARCH 2015

               Funding Deed

               BETWEEN

               Noosa Shire Council (Council)

               AND

               Noosa Biosphere Reserve Foundation Ltd (NBRF)

               1     DEFINITIONS
               Annual Report          Means a report in the form of an annual financial report and a directors
                                      report as mentioned in the Corporations Act.2001 (whether or not it is
                                      required to be prepared under that Act) that without limitation includes
                                      audited financial statements, achievements against key performance
                                      measures and other activities included in the annual operational plan
                                      underpinning the objects ofthe Company and the Public Trust.

              Asset                   Means any asset or improvement acquired or produced wholly or partly by
                                      the Funding OR Funds

               Council                Means the local government»exercising powers vested under the Local
                                      Government Act 2009 and includes the area within the boundaries of
                                      Council’sauthority as prescribed under.the Local Government Act.

               Funding or funds       Means the amount paid or payable under this Deed

               GST                    Means.the Goods and Services tax

               NBRF                   Means Noosa Biosphere Reserve Foundation Ltd an Australian Company
                                      registered on 13" January 2015 - ACN 603 666 299

               Public Trust           Means the Noosa Biosphere Reserve Public Trust as a public charity and for
                                      taxation gift deductibility status

               Noosa Biosphere        Means the Noosa Biosphere Reserve area as designed under the UNESCO
               Reserve                Man and the Biosphere Program as may be varied from time to time

               Noosa Shire Council    Means the local government exercising powers vested under the Local
                                      Government Act 2009 and includes the area within the boundaries of
                                      Council’s authority as prescribed under the Local Government Act.

               Operating Purposes     Means funds required to cover the day to day operations of NBRF such as
                                      employee payments, accounting expenses, licence fees, maintenance and
                                      repairs, advertising, supplies, legal costs, utilities, insurance, and office
                                      expenses.

               Project                Means an individual or collaborative activity that is carefully planned to

               Funding Deed — Noosa Biosphere Reserve Foundation Ltd & Noosa Council                   Page 4

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