} David is a founder member of a local charity. The charity would like to set up a shop which can be used to sell locally made goods. Any prots made by the shop will be ploughed back into the charity. The bank is happy to lend $100 000 to get the shop started but has asked for some sec u rity. (not in syllabus Associations Incorporated or uncorperated Is not a company Not for profit organisations can register as guarantee company under 5150 of the Corporations Act 2001 (Cth) If register as an incorporated associan'on, it is not a company, can receive donations)