| Churches of
Christ Building Extension Mutual Fund Inc. The Building Extension Mutual Fund Committee provides building loans, including bridging loans, and technical advice to Churches of Christ across South Australia and the Northern Territory. Funding is available for church building redevelopment works through the Mutual Fund, the Building Extension Fund and other minor Funds. Churches and church members have the opportunity of supporting the work of the Mutual Fund by depositing funds to the Mutual Fund at favourable terms and conditions. Within its membership the Committee maintains expertise to enable it to freely offer a consultative service to churches over as wide a range of building-related disciplines as possible. As part of the Committee's succession planning, churches are actively invited to submit names of suitably qualified persons interested in participating on the Committee. The Committee appreciates and acknowledges the assistance provided by the staff at the State Office in the financial administration of the Mutual Fund, the Building Extension Fund and other Funds managed by the Committee. The BEMF Committee acknowledges and commends the ongoing support of the many faithful Mutual Fund depositors. The Fund has facilitated the completion of numerous building projects, over many years, that otherwise may not have been possible. For all enquiries, please contact the State Office on 8269 7873 or enquiry<at>churchesofchrist-sa.org.au Important information. i. Churches of Christ in SA and NT (both individual Churches, the State body and Conference Departments) will benefit in connection from the scheme by way of loans for capital works and motor vehicles; ii. No person will derive any material benefit from the activities of the fund, its administration or the management of its assets (with the exception of employees engaged to carry out administrative functions); iii. The Churches of Christ Building Extension Mutual Fund Inc. does not give financial or investment advice in respect of this (or any other) charitable scheme; iv. Investment in Churches of Christ Building Extension Mutual Fund is designed for individuals who wish to promote the charitable purposes of the Churches of Christ in SA and NT and for whom the consideration of profit is not of primary relevance in the investment decision. Churches of Christ Building Extension Mutual Fund is not subject to the normal requirements to have a disclosure document or a Product Disclosure Statement and be registered or have a trust deed under the Corporations Act 2001. The scheme of investing money with Churches of Christ Building Extension Mutual Fund has not been examined or approved by the Australian Securities and Investments Commission (ASIC). Audited financial statements are lodged annually with ASIC." |