Assignment of QWA Assets

Statement Of Purpose

All fixed and current assets of the Queensland Weightlifting Association Inc (QWA), are the property of the association's membership. The QWA Management Committee has a duty to the membership to manage these assets in the best interests of the QWA.

Whenever deemed appropriate by the Management Committee, QWA assets may be assigned to affiliated organisations for the purpose of achieving the mission of the QWA to increase participation in weightlifting in Queensland; improve the standard of weightlifting in Queensland; provide a program of weightlifting competition for all levels of participation; and promote the image of weightlifting as a sport of value to the community. To this end, the QWA Management Committee will conduct a periodic review of QWA assets to ensure that their assignment provides maximum benefit to the QWA.

 

Conditions for the assignment of fixed assets

  • The placement of QWA equipment in the care of affiliated clubs or associations is at the discretion of the QWA Management Committee.
  • Caretaker clubs or associations must ensure the security of QWA equipment and maintain appropriate insurance cover for the events of fire, theft, or malicious damage.
  • Caretaker clubs or associations must take all reasonable steps to ensure the proper use and maintenance of QWA equipment.
  • Caretaker clubs or associations must ensure that the ownership of QWA equipment is clearly identified in the equipment list kept by the club or association and is also included in the written records kept by the management of the facility in which the assets are stored.
  • Caretaker clubs or associations must return QWA equipment to the QWA upon request by the QWA Executive Director.

 

Agreement

This agreement is made between the Queensland Weightlifting Association Inc and the <<club name>>

 

Declaration

We the undersigned, being duly authorised, hereby agree to the conditions stated herein as they relate to the items listed in Attachment A.

 

 

For Queensland Weightlifting Association Inc. For <<club name>>.