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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
> http://riscniaga.netfirms.com
> 
> ----- Original Message -----
> From: "Nah Soo Hoe" <nsh@pop.jaring.my>
> 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 
> company. 
> > 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.
> > 
> > 
> > 
> > ---------------------------------------------------------
> > To unsubscribe: send mail to ossig-request@mncc.com.my
> > with "unsubscribe ossig" in the body of the message
> > 
> > 
> 
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