[committee] Protecting the rainy day fund

[Daniel Axtens]

Try this. (I've assumed that a special resolution is a 66% majority:
haven't checked this.)

= Term Deposits =
This section is designed to provide a flexible method for dealing with
club investments, and to guard against unauthorised access of such
investments.

== Definitions ==
A term deposit is ... <some definiton here?> with a financial institution.

== Use of term deposits ==
1. The club may, by special resolution at a general meeting, place an
amount of club funds in a term deposit.
    1.1. Unless otherwise resolved, when the term deposit matures, the
committee must re-invest the principle and any interest in a similar
term deposit.
    1.2. Such re-investment is to continue until a special resolution
as described in section 2 is made.
    1.3. If the committee is unable to fulfil the requirements of
subsections 1 or 2, the Secretary must call a special general meeting.
<state what such a meeting must decide?>


 2. The club may, by special resolution at a general meeting, put some
or all of the funds of one or more term deposits towards an activity
or endeavour that advances the objects of the club.


 3. Any term deposit created under section 1 must not be dealt with
except by special resolution passed at a general meeting.