Compounding Dann's Club Constitution

Constitution last updated 5th October 2026

Club Constitution (October 2026) (907.5 KB)Club Constitution (October 2026) (907.5 KB)


The following are the main points to note, although it is recommended that you download the full Club Constitution and familarise yourself with the Club's rules.

  1. The Club aims to provide a forum for improving members' understanding of saving and investing through the stock markets.
     
  2. To join the Club:
    • You must be over 18 years of age and live in Greystones or the surrounding area. Exceptions can be made by the Club Committee and particularly for relatives of existing members (children, nieces, nephews).
    • Agree to pay a joining fee of €40 prior to membership being approved. This fee will be refunded in the event that your application for membership is not successful.
    • Agree to set up two standing orders in favour of the Club's bank account and properly referencing your unique membership number:
      • A standing order for the payment of your annual membership fee of €40 dated the 15th October each year (this fee can be increased in the future by agreement of the Club Committee).
      • A standing order for your monthly contribution to the Club's investment account of at least €100 to be paid on the 15th of each month.
    • Agree to use your unique membership number on any payment into the Club's bank account and on the standing orders you are required to set up.
    • Agree that some personal details can be held on the Club's database.
    • Attend a minimum of four of the Club's twelve (monthly) meetings in a calendar year (exceptions can be made by the Club Committee).
    • Read and agree to abide by the Club Constitution & Rules.
    • Scan copies of the standing orders to the website during your membership application process.
    • Provide proof of address and scan a copy to the website during your membership application process.
       
  3. Members can leave at any stage by emailing the Club Secretary. A member leaving the Club will have the value of their contributions refunded as soon as is practical the following month.
     
  4. Partial withdrawals from the value of a member's contributions can be requested on or before the 15th December each year and will be paid out by the Club Treasurer as soon as is practical the following month (January).