PAA gets 'no' vote

The trust is being set up to manage the $2 million left over from the sale of the PAA’s holiday houses.

President Bruce Cortesi said the trust had been worked on over the past three years. 

But at a special general meeting last week, members, including PAA board members, voted against the first version of the trust deed. Cortesi did not reveal the final vote count tally.

Cortesi said, despite that outcome, it was a “very good meeting”. It went ahead even though the deed was not set to get sign-off to enable the next stage of the process to happen.