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Re: [ossig] [OSSIG] Proposal for the formation of an OSSIndustry A ssociation
big error, i meant to say "trade associations cannot distribute profit
dividends to members."
> as far as i know, trade associations can distribute profit
> dividends to
> members. usually it acts as an organisation to protect the
> interest of
> its members (lobby group).
> the stupid thing is that a society can register with mof to
> participatein tenders, which is in direct conflict with the actual
> intent of the
> malaysian society's act.
> Raja Iskandar Shah
> ----- Original Message -----
> From: "Nah Soo Hoe" <firstname.lastname@example.org>
> Date: Friday, June 4, 2004 6:49 pm
> Subject: Re: [ossig] [OSSIG] Proposal for the formation of an OSS
> Industry A ssociation
> > On 4 Jun 2004 at 16:55, Dinesh Nair wrote:
> > > another model to explore is to follow the way of the MNCC and
> > incorporate> as a company instead of as a society/co-op. co-ops
> > have a lot of
> > > intricacies, none of which any of us here are familiar with.
> > MNCC is incorporated as a company limited by guarantee. In such
> > an
> > incorporation, the liability of the members is limited to the
> > extent that
> > each member undertakes to contribute to the assets of the
> > This
> > type of company is usually not used for commercial undertakings
> > but for
> > clubs, trade associations, charitable bodies and professional
> > bodies.
> > Note that however, it can have subsidiaries which are commercial
> > companies.
> > So if the organisation is set up to be a trade association for
> > companies
> > doing business in open source, then it may be possible to
> > incorporate it
> > as such. However, there are some hassles in such a setup as it
> > comes
> > under the Registrar of Companies and it needs a professional
> > company
> > secretary to attend its meetings and do the minutes and certify
> > other
> > stuff.
> > ---------------------------------------------------------
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fn:Raja Iskandar Shah
org:RISC Niaga Enterprise;