The Singapore Boating Industry Association (SBIA) is governed by a Constitution that sets out the roles, responsibilities, and rights of its members and leadership. Our Constitution ensures transparency, accountability, and effective governance for the long-term development of Singapore’s recreational marine industry.

Section 1: About SBIA

Name:

Singapore Boating Industry Association (SBIA)

Registered Address:

133 New Bridge Road #25-08, Chinatown Point, Singapore 059413

Section 2: Our Purpose

SBIA exists to:

• Be the voice for Singapore’s recreational boating industry

• Work with local and international partners including ICOMIA

• Promote boating through outreach, research, and events

• Support sustainability and environmental protection

• Provide platforms for collaboration, discussion, and advocacy

Section 3: Membership Types

We welcome the following membership types:

1. Founding Members

• One-time opportunity (closed after the first AGM)

• Double voting rights in the first election only

2. Ordinary Members

• Singapore-registered companies actively involved in the marine industry

• 1 vote at General Meetings

• May stand for election to the General Committee

3. Associate Members

• Firms not registered in Singapore or government/statutory bodies

• No voting rights

• Cannot stand for election, but can participate in events

4. Individual Members

• Persons over 21 years old without bankruptcy or criminal history

• No voting rights

• May be invited to working groups or co-opted into committees

5. Honorary Members

• Recognised for significant contributions to the boating industry

• Lifetime recognition

• No dues, voting rights, or elected office

Section 4: General Meetings

• AGM: Held annually by September

• EGM: Can be called by the Committee or 20% of voting members

• Quorum: 20% of voting members

• Voting: 1 vote per Ordinary Member (plus 1 extra for Founding Members in first AGM only)

Section 5: General Committee

The General Committee manages the association and consists of:

• Chairman

• Vice-Chairman

• Honorary Secretary

• Honorary Treasurer

• 4–6 elected Committee Members

• Co-opted Members (non-voting, for advisory or cluster roles)

Term Limits:

• 2 years per term

• Chairman/Vice-Chair/Secretary: Max 2 consecutive terms

• Treasurer: Max 1 term

• Additional 1-year extension allowed under rotation rules

Section 6: Finance and Auditing

• Financial Year: 1 July – 30 June

• Annual accounts presented at AGM

• Honorary or external auditors appointed annually

• Members can be reimbursed for expenses with approval

Section 7: Governance Policies

• Conflict of interest disclosures required

• Use of SBIA logo allowed under specific conditions

• No political activity or public fundraising without approval

Section 8: Disciplinary & Dispute Resolution

• A Code of Conduct may be instituted and enforced by a Standing Committee

• Internal disputes resolved first via EGM, then arbitration if needed

Section 9: Dissolution Clause

Requires two-thirds approval of voting members. Remaining assets, after settling liabilities, will be donated to approved Singapore charities.