No 39, 1998
An Ordinance to provide for the preparation of Synod estimates.
The Synod of the Diocese of Sydney Ordains -
Name of Ordinance
1. This Ordinance is the Synod Estimates Ordinance 1998.
Definition
2. In this Ordinance “financial year” means a period of 12 calendar months commencing on1 January.
Estimates to be Prepared for the Synod
3. The Standing Committee must prepare for the first ordinary session of the 45th Synod and the first ordinary session of each Synod thereafter a proposed ordinance which contains estimates for each of the following 3 financial years of -
(a) the amount required for meeting the cost of sittings of the Synod, the maintenance of the diocesan offices and the expenses of such other diocesan activities and commitments as, in the opinion of the Standing Committee, should be supported;
(b) the amount which, in the opinion of the Standing Committee, should be granted to organisations under the control of Synod or to other organisations; and
(c) the amount of income available from endowments or other trusts for meeting the amounts referred to in paragraphs (a) and (b), including any amount held in a provision or reserve under clause 4(1) and which, in the opinion of the Standing Committee, may prudently be applied towards meeting the amounts referred to in paragraphs (a) and (b) in the relevant financial year.
New Estimates
4. (1) Where, in relation to a financial year, the income referred to in clause 3(c) exceeds the total of the amounts referred to in clauses 3(a) and 3(b), the Standing Committee must -
(a) apply the amount of the excess towards a provision or reserve for application in a subsequent financial years or years;
(b) bring to the Synod a proposed ordinance to increase the amounts referred to in clauses 3(a) and/or 3(b) for that and any subsequent financial year; or
(c) give effect to both (a) and (b).
(2) If, in relation to a financial year, the Standing Committee expects that the income referred to in clause 3(c) will be insufficient to meet the amounts referred to in clauses 3(a) and 3(b), the Standing Committee must -
(a) if in the opinion of the Standing Committee it is prudent so to do, apply an amount from the provision or reserve referred to in clause 4(1) towards meeting those amounts;
(b) bring to the Synod a proposed ordinance to reduce the amounts referred to in clauses 3(a) and/or 3(b) for that and any subsequent financial year; or
(c) give effect to both (a) and (b).
Distribution of Ordinance
5. The Standing Committee shall distribute a copy of a proposed ordinance referred to in clause 3 or 4 to all members of the Synod by post or otherwise not less than 14 days before the first day of the session at which the proposed ordinance is to be considered.
I Certify that the Ordinance as printed is in accordance with the Ordinance as reported.
N.M. CAMERON
Chairman of Committees
We Certify that this Ordinance was passed by the Synod of the Diocese of Sydney on 20 October 1998.
M.A. PAYNE
C.J. MORONEY
Secretaries of Synod
I Assent to this Ordinance.
R.H. GOODHEW
Archbishop of Sydney
29/10/1998