Constitution
Last updated 05 Apr 2026 by Motswaledi Mogorosi
Constitution
The rules and governance of PushStart Social Club
Aims and Objectives
- To promote personal and group development.
- To pool funds with a common purpose and outcome.
- The aim of the social club is to pool funds for investment to be shared equally to all registered active members.
Membership
- Members must abide by the social club's constitution.
- Each new member must pay R200 non-refundable joining fee. R100 goes to upkeep/admin/transport. R100 goes towards qualifying active members' interest.
- Members who wish to exit will get certain % of their contribution less (admin fee, fines, interest on loan, joining fee, and any outstanding loans).
- New members are on a 6-month waiting period before voting rights apply (from date of joining fee payment).
Executive Committee
- Chairperson: Leads and prepares meeting agendas, ensures rules are followed, approves money withdrawals/transfers with other executive members, explores opportunities for the group.
- Secretary: Keeps accurate records (minutes, correspondence, membership register), maintains communication, has signing powers with Chairperson and Treasurer.
- Treasurer: Keeps accurate accounts of finances, presents deposit slips, collects proof of payment after every meeting, has signing powers with Chairperson and Secretary.
Change of Leadership
- Members can change the leadership structure by majority vote.
- Changes must be announced 30 days prior to the meeting.
Voting Powers
- Each member shall have one vote.
- New members wait 6 months from joining fee payment before they can vote.
Meetings
- Meetings held online bi-weekly (every other Sunday). Official start time: 19:10.
- Meeting room opens at 18:45. No apologies accepted after 18:55.
- Apology for absence only valid if sent 15 minutes before meeting start time.
- Platform: Zoom
- Absence fine: R50. Late joining fine: R30.
- A member may be excused for 1 meeting with a valid apology. Missing 2 in a row results in a fine. 3rd missed meeting fine: R150, and every subsequent missed meeting: R150 until attendance resets the counter.
Contributions
- Minimum R120/week or R480/month via EFT(all subject to R10 transaction fee).
- Annual target per member: R4,000.
- All loans due within 30 days. Late repayment attracts compound interest.
- Members must reach R4,000 and take a loan (min R1,000) OR pay R300 loan waiver to qualify for interest sharing.
- Loan requests from R500 if account balance less fines is R1,000 or more.
- Additional loans allowed if balance (less loan interest and fines) is at least R500.
- R10 of all transactions goes to Pushstart website platform upkeep.
- Proof of payment must be posted on the admin WhatsApp group within 7 days of payment or face a R30 fine.
- If a member's account has fines due, they are deducted from the next contribution.
- A member is automatically deregistered if no contribution is made for 3 consecutive months.
Loan Interest
- R30 interest per R100 borrowed.
- Loan due 30 days from grant date.
- Late repayment results in additional compound interest.
Payment Reference Format
- Generate a payment slip on Pushstart.co.za and use the reference to make payments.
- Failure to use correct reference format results in a R30 fine.
- Proof of payment must be uploaded on the payment slip generated and posted in the admin WhatsApp group.
Code of Conduct
- No member may use the club name for personal business or personal gain.
- Members must conduct themselves in a socially acceptable manner at meetings.
- Speaking out of turn (noise, music, disruptive sounds): R30 fine.
- Profanity or vulgar language: R100 fine.
- Primary language at meetings is English (no fine for use of other languages).
- All members entitled to a 5-minute break during the meeting.
- All meetings will be recorded and minutes sent to all active members.
Banking
- Account: Pushstart Social Club
- Bank: FNB
- Account Number: 63091886087
- Account Type: Savings
- Branch Code: 250655
- Signing power held by 3 persons nominated by the club. All transfers must be signed by at least 2 of the nominated signatories.
Beneficiaries
- Should a member pass away while actively registered, the nominated beneficiary may continue with the account (with proof/death certificate) or terminate the account and receive contributions less R500 admin fee.
Change of Constitution
- Constitution can be amended by member suggestion, discussed at meetings, and approved by majority vote/poll.
- By registering and paying the joining fee, you acknowledge and accept this constitution.