All FUSA affiliated clubs must remain not for profit under the FUSA Clubs, Collectives and Academic Associations Regulations. While the club may receive income (e.g: through ticket/merchandise sales, sponsorship, etc.), all profits must be returned to the club and reinvested into the club’s activities. The club may not operate in a manner aimed at returning a profit toward any registered club member (including the Club Executive) or their immediate families.
Unless via prior written approval by FUSA’s Program Coordinator, Clubs & Students Communities (or delegate), a club must not:
- Pay a registered club member or their immediate families for any service or product (except for reimbursement of actual incurred costs for club expenses, upon supply of receipt);
- Provide a gift of more than $20 to a registered club member or their immediate families;
- Make a donation and/or payment to any organisation of which any registered club member has a pecuniary interest
Failure to adhere to these conditions is considered a ‘Major Breach’ of the club’s obligations under the FUSA Clubs, Collectives and Academic Associations Regulations, which may lead to any combination of disaffiliation of the club, debt recovery measures taken against the club and/or club executive, and/or the reduction or removal of access to club funding. In extreme cases, FUSA may submit a police report and may undertake legal action against the offending party.
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