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GPLTC – Regeneration Fund Rules
1. The name of the Club is the GPLTC Regeneration Fund
2. The club is formed to raise
funds for GPLTC.
3. Membership shall be limited to 100 membership numbers.
4. Membership
subscriptions shall be £5.00 per month payable in advance by Standing Order. A cheque
for the full amount can be paid for the year if preferred.
5. A person can have more
that one membership number by donating multiples of £5.00 every month.
6. Membership
shall be at the discretion of the Committee of GPLTC.
7. Each application shall be
allocated a membership number from 1 to 100 inclusive.
8. Any member who falls one
month in arrears with a subscription shall automatically cease to hold membership
and shall forfeit subscriptions already paid, his/her membership number(s) and all
interests and right in the Regeneration Fund.
9. A replacement member shall be taken from a waiting list in strict order. He/she
shall be given the number of the retiring member and shall be entitled to participate
in all draws for prizes issued from the moment of his/her entry.
10. Once a minimum
of 25 members has been recruited, members will participate in a monthly draw of 1
x £30, 1 x £20 & 1 x £15. At 50 members these amounts will rise to £60, £40 and £30
respectively, and at 100 members, will become £120, £80 & £60. The draw will usually
take place on the last Friday of each month in the bar after social tennis. The winner
shall be picked at random and notified by post within 7 working days of the draw-
11. There will no draws in either January or February.
12. The December draw
fund will be 50% of the total income for the year, less prizes awarded in the previous
nine draws. The apportionment and number of prizes made in the December draw will
be at the discretion of the Committee of GPLTC.
13. The results of each draw will
be posted in the Club and on the web site.
14. The decision of the Committee in all
matters will be final.
