At the Board of Directors meeting held on 7 December 2011 it was resolved:

1. To note advice from the Minister's Office that the NSW Government may now require the relevant government department to draft new Regulations relating to the De-amalgamation Legislation before it makes this Legislation effective. If this decision is taken, the date of effect of the de-amalgamation of MIBC will need to be delayed beyond 23 December 2011.
2. To authorise the Chairman and Deputy Chairman to execute the Deed of Transfer to transfer the Tura Beach Golf Course Crown Lease to the new Tura Beach Country Club Ltd (TBCC).
3. To authorise the Chairman and Deputy Chairman to execute the Section 88B instrument to formally register the easement over the drive way situated on a small part of freehold land at Tura known as Lot 1442 in favour of the owner of Lot 1441 (TBCC).
4. To give in principle approval to the draft terms of the Deed of De-amalgamation as drafted by the Club's solicitor and to forward to TBCC's solicitor.
5. To approve the purchase of two new gaming machines (approx $44,000) for Tura, to be funded from MIBC's Tura Venue Capital Expenditure Budget.
6. To undertake remedial works to ensure the existing Tura venue disabled car parks comply with the relevant Australian Standards as directed by BVSC.
7. Approve Category 2 ClubGRANTS for Tathra Wharf to Waves, Merimbula Big Game & Lakes Angling Club, Down South Jazz Club and complimentary room hire for 25 not-for-profit community organisations.
8. Approve 109 new and transferring memberships comprising:
   1. Staff & Social Members - 103
   2. TBCC Country Golf - 1
   3. TBCC Rest Golf - 1
   4. MIBC Bowls/TBCC Social - 2
   5. Junior Gym - 2

The next monthly Board Meeting will be held on Wednesday 25 January 2012

The 2011 AGM will be held on 22 January 2012.

Damien Foley
Chief Executive
17 December 2011