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Irish Aubrac Cattle Breed Society Limited
VII. INVESTMENTS, LOANS TO MEMBERS
27. Investments
The Council shall have power to invest any money forming part of the capital funds of the Society:
a) In any security in which Trustees are for the time being authorised to invest.
b) In the Shares of or Loans to any other registered Society or Company, provided such Society or Company shall be one with limited liability.
c) In advances to members of the Society on such security of real or personal property as the Council may decide.
28. Voting re Investments
The Council may, subject to the Rules or Articles of Association of the body to which loans have been made or in which Capital has been otherwise invested, appoint one or more of their number and/or one or more members of the staff of the Society to vote on its behalf at Meetings and to sit on the Board of any Society or Company in which portion of the Society’s funds are invested.
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