Page 39 Advertisements Column 3

Press, 28 April 1989, Page 39

Public Notices AUSTRALIAN MUTUAL PROVIDENT SOCIETY Incorporated in NSW Members’ liability limited NOTICE OF ANNUAL GENERAL MEETING NOTICE, is hereby given that the 14th Annual General Meeting of the members of AMP Society will be held in Ballroom 1, Regent Hotel, 199 George Street, Sydney at 2.30 p.m. on Wednesday, May 24, 1989, for the following purposes: 1. To receive and consider (a) the report of the Directors (b) The balance sheet, revenue account and related notes and the report of the auditor. In respect of AMP Society and the AMP Society Group for the year ended December 31, 1988. 2. To approve the entry of AMP or any subsidiary of AMP Into Retirement Allowance Agreements with present or future nonexecutive Directors of the relevant company. The proposed agreements to be approved by the meeting provide for payments In accordance with the Schedule below on a nonexecutive Director, ceasing to hold office (except where the Director retires by rotation and Is reelected ) or dying In office. SCHEDULE Length of Service as a nonexecutive Director: Amount of Retirement Allowance Less than 3 years: Nil. 3 or more years but less than 5 years: The proportion of the amount payable at 5 years, according to the ratio of the period served to a period of 5 years. 5 years: 3 times the average Emoluments of the Director over the 3 years preceding retirement of death. Over 5 years but less than 15 years: The amount payable at 5 years, plus the proportion of the difference between the amounts payable at 15 years, and at 5 years according to the ratio of the period served beyond 5 years to a period of 10 years. 15 or more years: 5 times the average Emoluments of the Director over the 3 years preceding retlre- . ment or death. Emoluments has the same meaning in the Schedule as in Section 233 (7) of the Companies (NSW) Code and without limiting the generality of that definition Includes Remuneration calculated under By-law 24, emoluments from AMP (Including any payments for extra services under By-law 26), and emoluments from or In relation to any branch board, local board, board of advice or subsidiary of AMP. Service includes service on the Board, and on a branch or local board or board of advice of AMP, or board of any subsidiary of AMP and served shall have a corresponding meaning. Proportions of a year are to be calculated on a daily basis. A brochure containing an explanation of the proposal will be supplied to any member of AMP, who applies either personally or by post at any office of AMP. By order of the Board, M. H. RYAN, Secretary April 26, 1989. AMP Society . AMP Building SYDNEY COVE New South Wales 2000 AUSTRALIA - AUSTRALIAN MUTUAL PROVIDENT SOCIETY Incorporated in NSW. Members' liability limited NOTICE OF GENERAL MEETING

NOTICE Is hereby given that a General Meeting of the members of AMP Society convened by the Directors pursuant to By-law 9.1, will be held immediately following the conclusion or declaration of adjournment of the Annual General Meeting to be held In Ballroom 1, Regent Hotel, 199 George Street, Sydney on May 24, 1989, for the purpose of considering and If thought fit passing the following resolutions as Special Resolutions: 1. That By-law 26 of the Bylaws be amended by addition of the words (“which shall include all service on any committee established by the Board”) after the word “services” in that By-law. 2. That By-law 37 be deleted and the following By-law 37 inserted In Its place: 37.1 A person (other than an employee of AMP) shall be qualified to be a member of a local or board of advice, only if he possesses the qualifications described In By-law 18.1 other than By-laws 18.1 (h) and (J). 37.2 An employee of AMP shall be qualified to be a member of a local board, or board of advice only If he possesses the qualifications described in By-law 18.1, other than By-laws -18.1 (f), (g) (111), (h) and (J). Resolution No. 1 Is proposed to ensure that services of the Directors on committees established by the Board from time to time are recognised as extra services within the meaning of By-law 26, which provides for payments for such services at the discretion of the Board. Resolution No. 2 is proposed to enable AMP employees to be appointed members of local boards, or boards of advice where the Board considers this appropriate. A brochure containing an explanation of the proposals will be supplied to any member of AMP, who applies either personally or by post to any office of AMP. It Is intended that the Chairman of the Genera! Meeting will call for a formal ballot on these resolutions, which will close at the conclusion of the meeting. Arrangements are being made for those members of AMP, who are registered on the postal voters’ roll to be given an opportunity to lodge their votes In the meantime by mall. By order of the Board, M. H. RYAN, Secretary April 26, 1989. AMP Society AMP Building SYDNEY COVE New South Wales 2000 AUSTRALIA $ SOUTH POWER THE monthly meeting of the Board will be held on Wednesday, May 17, 1989, at 8.30 a.m. in the Board Room on the 2nd floor, 218 Manchester Street. C. S. LAURIE; Managing Director.