This resolution is made in accordance with the University Computer Club Inc. Investments Policy as detailed in section 1 of Appendix 1 of the Constitution. The University Computer Club Inc. hereby resolves to set aside the sum currently (as of the date this resolution is approved at a General Meeting) residing in the term deposit held in the name of the Club with its nominated financial institution as an investment as follows: 1. The initial sum shall remain in the term deposit until maturity or until the Club resolves otherwise at a General Meeting. 2. At maturity of the term deposit a new term deposit must be started under the following conditions: 2.1 The new interest rate must not be less than the previous interest rate by more than one percent. 2.2 The term of the new deposit must be no less than twenty four (24) months. 2.3 The Committee must select the new term deposit with the highest available return on investment. 3. In the month of January, the Committee must set aside a minimum amount of money to be added to the investment. 3.1 This amount shall be calculated as enough money to offset the average Australian infaltion rate over the past calendar year. 3.2 These funds must either be added directly to the term deposit, or put into a reserve account until such time as they can be added to the term deposit. 3.2.1 Funds in the reserve account are considered part of the investment. 3.2.2 The current value of the cash reserve account (as of the date this resolution is approved at a General Meeting) shall be considered as part of the initial investment and shall not count towards the 2013 contribution. 3.2.3 The Committee shall have the power to move funds from the reserve account to another bank account so as to maximise the interest generated by those funds. 4. Access to the investment, including the reserve account, will require the signatures of two members of the Executive. 5. The funds in this investment may only be accessed in accordance with the terms of this resolution, or a subsequent resolution passed in a General Meeting. 6. This resolution shall be revisited at the 2017 AGM.