Wine Communicators of Australia operates as a not-for-profit company
limited by guarantee (see below) according to the rules contained in its
Constitution. When joining WCA, all members are required to formally
acknowledge their agreement to abide by these rules.
To champion to values and purpose of WCA to connect, engage, learn and
inspire across the membership
To be representatives of WCA to the industry, actively talking up the
vision and values of the organisation and encouraging participation -
i.e. drive membership.
WCA's Patron is James Halliday, and it also has appointed a number of
What is a company limited by guarantee?
An organisation can incorporate as a company limited by guarantee when
there are a number of stakeholders (members) whose interests have to be
accounted for and where a profit motive is not the prime objective of the
organisation. The regulator for companies limited by guarantee is the
Australian Securities and Investment Commission (ASIC).
"Limited by guarantee" means that if the company is wound up, and it is
in debt, the liability of members is guaranteed to be a nominal amount;
in WCA's case it is $20.
Directors of a company limited by guarantee will be subject to all of the
duties and obligations for a commercial company set out in the
Corporations Act 2001.