(incorporated the 16th day of March 1993)
The Association is a non-profit-making body
with the following objects: -
1.
To promote fraternity among members of the Association.
2.
To promote the image and enhance social recognition of members’
professional and academic qualifications.
3.
To provide career development information to members.
4.
To promote the general advancement of Science, Arts, and Business
Administration for AIOU (ESUS) Students Associations Ltd.
5.
To plan and conduct conferences and meetings for discussing or
lecturing on arts, science and administration.
6.
To publish and issue books, periodicals, and papers relating to arts,
science and business administration, notices and announcements relating to
Association affairs.
7.
To encourage and foster a spirit of friendly collaboration among its
members and with members of other similar societies.
8.
To arrange visits to works of arts, science and business
administration, and act on other matters relating to those aspects.
9.
To establish and maintain a library and collection of literature,
films, and other material relating to arts, science and business
administration principles and practices and to afford facilities for the use
of the same.
10.
To organize cultural, educational, recreational and social activities
for the benefits of its members.
11.
To promote the sharing of experience, furtherance of knowledge in
arts, science and business administration and concern for the betterment of
society amongst its members.
12.
To promote and cater for the welfare and interests of its members.
13.
To establish, undertake, superintend, administer and contribute to
any charitable or benevolent fund from whence may be made donations or
advances to deserving person, persons, organizations or charitable
institutions.
14.
To organize institutions for the advance of social welfare and
general education for the public.
15.
To promote and hold either alone or jointly with any other institute,
society, club or person conferences, meetings, gatherings, exhibitions,
lectures, seminars, dinners, balls, concerts and other kinds of activities
deemed to be necessary by the Association.
16.
To publish pamphlets, books, magazines, films, newspapers or any
other kinds of publications which may be issued locally and overseas to
achieve the objects of the Association.
17.
To carry out, establish, construct, maintain, improve, manage and
superintend, or to assist in the carrying out, establishment, construction,
maintenance, improvement, management or superintendence of schools or other
educational institutions, recreational centers, service centers, libraries,
clubs, co-operatives, shops, canteens, hotels, gymnasiums, hospitals,
clinics, dispensaries, orphanages, homes for the aged at a fee or otherwise,
to members or to members of the public.
18.
To take necessary steps to publicize the aims, news and activities of
the Association form time to time as determined by the Association.
19.
To issue membership cards for the identification of members and to
issue all necessary certificates in connection therewith.
20.
To hire and employ all classes of persons considered necessary for
the purposes of the Association and to pay to them and to other persons in
return for services rendered to the Association salaries, wages, gratuities
and pensions.
21.
To purchase, take or lease, exchange, hire or otherwise acquire any
lands or buildings and any rights or privileges necessary or convenient for
the purposes of the Association.
22.
To grant, sell, convey, assign, surrender, exchange, partition, yield
up, mortgage, demise, reassign, transfer or otherwise dispose of any lands,
buildings, messages, tenements, mortgages, debentures, funds, shares of
securities which are for the time being vested in or belonging to the
Association upon such terms as the Association may deem fit.
23.
To establish, promote or assist in establishing or promoting, and to
subscribe to, or become a member of, or amalgamate with, any other
associations or clubs whose objects are similar to, or in part similar to
the objects of the Association, or the establishment or promotion of which
may be beneficial to the Association. Provided
that the Association shall not support with its funds any association or
institution which pays or transfers, directly or indirectly, its income and
property, or any part thereof, by way of dividend, bonus or otherwise
howsoever by way of profit to its members.
24.
To invest and deal with the moneys of the Association not immediately
required, upon such bonds, stocks, shares and securities and in such manner
as may from time to time be determined
25.
To borrow and raise any moneys required for the purpose of the
Association on such terms and upon such securities of without securities as
may be determined.
26.
To sell, transfer all or any part of the property of the Association
in exchange of shares, debentures of other companies form time to time as
the Association shall think fit.
27.
To devise schemes to raise money by means of donations or otherwise
as from time to time as the Association shall think fit.
28.
To accept subscriptions, donations, devises and bequests, of any
movable or immovable property or fund for all or any of the purposes
aforesaid.
29.
To act as custodian, trustee or manager of any property or fund for
any organizations or institutions or for members at a fee or otherwise.
30.
Any out-of-pocket expense during the formation of the Association
shall be refunded.
31.
To defend any direct or indirect Action Proceedings against the
Association.
32.
To open and operate banking account or accounts with any bank or
banks for the purposes of the Association and for such purposes to make,
give, accept, endorse, transfer, discount and negotiate bills of exchange,
promissory notes, cheques or other similar instruments.
33.
To admit any persons to membership of the Association on such terms,
and to confer on them such rights and privileges, as may seem expedient.
34.
To do all such lawful things as are incidental or conducive to the
attainment of the above objects or any of them.