MALVERN FARMERS’ VET CLUB

The Malvern Farmers’ Veterinary Club operated for sixty six years in the district. In 2017, consultations and two special general meetings were held by the executive to discuss the Clubs future. It still retained its incorporated society tax-free status, however, outdated Club rules plus a decliningandinaccurate membership list due to retirement, etc, meant its future was uncertain. However, being asset rich, legally the Club could not wind up and distribute its assets. This consultation led to the establishment of the Malvern Farmers’ Veterinary Club Charitable Trust on the 31st of July 2018, operated by seven Trustees. With the original objective of providing a vet service tothe district well and truly met, it was proposed that surplus funds be distributed for the benefit of the rural community. The Trust deed proposes discretion within the district to distribute funds based on social, education and voluntary organisations applications. The Trust manages a portfolio of rental properties, including two veterinary practices, Darfield and Oxford. The proceeds are distributed by way of grants for the benefit of the rural community within the Trust's geographical boundaries of Malvern and Oxford. The majority of grants are under $5,000, and the Trustees favour projects to which funds are specifically targeted, however, from time to time, the Trust may also make larger grants at the discretion of the Trustees.

The charitable purposes for The charitable purposes for charitable purposes for charitable purposes for which the Trust may make which may make grants available include: grants available include: grants include: grants include:

• advancement of advancement education education education education

• advancement of family, advancement of family, advancement advancement social and community social and welfare welfare welfare welfare

• provision of financial and provision of and other support for specific other support for specific other support for other support for community projects community projects

• strengthening of strengthening of community and voluntary community and voluntary community and community and organisations organisations

• provision of financial and provision of and other support in other support anticipation of or in anticipation of or in anticipation or in anticipation or in response to emergencies response to emergencies or adverse events or adverse

• enhancement and enhancement and retention of essential retention of essential retention of essential retention of essential services. services. services. services.

The Malvern Farmers Vet Club Charitable Trust (MFVCCT) would like to invite individuals, community groups and organisations to apply for grants from our organisation. The MFVCCT purpose is to advance the welfare of our rural community and the individuals connected to the community.

This involves distributing grants that meet the following criteria:

• The strengthening of charitable community and voluntary organisations involved in the relief of poverty

• The advancement of education

• The provision of financial support for specific community projects that advance charitable purposes

• The strengthening of charitable community and voluntary organisations

• The provision of financial and other support in anticipation of or in response to emergencies or adverse events

• The enhancement and retention of essential services that advance charitable purposes.

To apply for grants please visit: mfvc.org.nz for more information on the application process. All applications to be received by the 30th September.

Please contact us to make an appointment in one of the four convenient office locations.

Kate Warren Senior Associate

Mobile: 027 384 3054

Email: kate.warren@tp.co.nz

Rolleston & Darfield: 03 317 9099

Christchurch: 03 374 9999

Ashburton: 03 308 4188

Darfield office open: Mon & Thurs, 9 - 5pm or by appointment

Conveyancing, Refinancing, Leasing & Property Transactions, Land Acquisitions, Boundary Adjustment & Subdivision, Insurance Law, Occupation Right Agreements, Estate & Succession Planning, including Enduring Powers of Attorney, Trusts & Wills.

Financial Advice

Sometimes it can be hard to find the positives when the days are short and the nights are long, but already we are over a month past the shortest day, and that’s a positive!

There is a lot of talk in the media about interest rates reaching peak levels, but the banks are still cribbing the increases. If you are finding it too tough to meet your increased repayments, there are options like putting your lending onto interest only for a time or asking for a loan repayment holiday. It is better to act now rather than wait until you face di culties in meeting your commitments. Another option may be that you can use any bu er that you have built into your loan by making higher payments when the interest rates were low. Be proactive and remember communication is key. If you are thinking that you would like to upgrade your home but the market is too unpredictable right now, you could look at an energy saver, winter warmer or greener home loan. Some banks have these loans available for insulation, solar, heat pumps, fires and double glazing or even EV or Hybrid vehicles, at 1% or even interest free. Upgrading your home to add value, or just make winter warmer makes sense! Talk to your adviser or your bank about solutions that may work for you. That’s another positive!

See advertisement in this See in this issue for contact details. issue for contact details. issue contact issue contact

Ginny Nelson, Mortgage Adviser.

Up Up And Away

Thirty-eight members of The Probus Club of Malvern travelled by bus to the Canterbury Aero Club International Academy of NZ on Harewood Rd on Monday, July 17. It was an entertaining time with members being able to sit in the 320-simulator as it took off (so to speak) on the runway and flew over the city, then out over the hill towards Lyttleton and further around. Members were able to take control of the simulator, however their flying skills neededa little polishing.

The group then visited the front of a 737 aeroplane, which had many buttons, switches, and controls that trainee pilots had to memorise exactly where everything was positioned. Next was a walk to a large hanger that houses the small planes, where we were given a lengthy talk by a student pilot. After that was lunch consisting of soup, garlic bread, scones, and muffins. It was interesting to learn that many of the