EIBA-Yearbook-2025-26-Web-Version - Flipbook - Page 110
4.12 To borrow money and to charge the whole or any part of the property belonging to the
Association as security for repayment of the money borrowed.
4.13 To co-operate with other associations and governing bodies or any other organisations,
bodies corporate or statutory authorities and to exchange information and advice with
them.
4.14 To establish or support any charitable trust, associations or institutions formed for any of
the purposes included in the Objects.
4.15 To acquire, merge with or enter into any partnership or joint venture arrangement with
any other organisation formed for any of the Objects.
4.16 To employ and remunerate such staff as are necessary for carrying out the work of the
Association.
4.17 To:
4.17.1
deposit or invest funds;
4.17.2
employ a professional fund-manager; and
4.17.3
arrange for the investments or other property of the Association to be held in
the name of a nominee;
4.18 To provide indemnity insurance for the members of the Board or any other Officer of the
Association in relation to any such liability as is mentioned in sub-clause 4.18.1 but
subject not any such liability as is specified in sub-clause 4.18.2 (
