According to
http://abr.business.gov.au/SearchByAbn.aspx?abn=31567560576 Uro is an Unicorporated Identity. It's like a club. It's not a charity!
The definition of an Unicorporated Identity is
An other unincorporated entity is a number of people grouped together by a common purpose with club-like characteristics, for example, a sporting club, social club or trade union.
Some club-like characteristics are that:
there are members of the association
the members will normally be free to join or leave the association
the association will normally continue in existence independently of any change to the composition of the association
as a matter of history, there will have been a moment in time when a number of persons combined to form the association
there is a contract (which can fall short of a legally enforceable contract) binding the members among themselves, and
there is a constitutional arrangement for meetings of members and for appointing officers.
The meaning of any other unincorporated association or body of persons does not include a non-entity joint venture.
Further information here.
http://www.lawhandbook.org.au/handbook/ch11s03s03.php#Ch1303Se258007Unincorporated associations
Groups are free to decide against a formal structure. In the eyes of the law, the group will remain a collection of individuals; the law will (generally) not recognise the group as a separate entity. This could well mean very little to many people, as in their eyes they will readily identify the existence of the group and its operation separate to the individuals that constitute it.
Despite the fact that there is little formal structure required of unincorporated associations, most groups will, as a minimum, need to choose a collective name and adopt rules of association that will set out such things as: the objects of the association, membership qualifications, subscription fees, management of meetings, financial matters, dissolution and amendment of the rules.
Although officers of the organisation will be personally liable for its obligations, this can, in practice, be limited by indemnification (insurance).
The advantages of unincorporated associations are that the structure is very flexible and the least costly and time consuming of any form of organisational structure.
The disadvantages of such associations are:
the liability of members is unlimited;
there is no perpetual succession; all property acquired by the association belongs to the individual members;
similarly, gifts or trusts in wills cannot generally be made to an unincorporated association;
the association cannot (generally) sue or be sued in its own name; and
members of the association may not have clear contractual or proprietary rights in relation to the association.
lol, lol if anything goes wrong with your Uro you might not be able to sue them! But the liability of members is unlimited!!Read this
http://www.ausport.gov.au/__data/assets/word_doc/0007/454930/Fact_Sheet_-_Incorporation.doc.
Is this really a joint venture see pages 9-10 of this
http://www.harrislaw.com.au/Limiting%20Liability%20&%20Protecting%20Assets%20with%20Business%20Structures.pdfIf Uro Foundation is registered in Australia, not in Hong Kong does that mean that the company most liable is GES AU and that would mean that GES AU is a part of all this even though it's been claimed it's not!
