Local veterans have evaded any fallout from the financial troubles being experienced by Returned Services League South Australia.
The state branch has gone into voluntary administration as a result of financial problems.
President of the Port Pirie RSL sub-branch Malcolm Bond was asked whether the situation would affect the local operation and he replied: “Not in the slightest.”
He said the state branch could seek assistance from the sub-branch, but any request would be taken to the members and they would make a decision.
“It doesn’t affect us. We own everything. We are all right. We had a special meeting to confirm our situation and we told our members that,” he said.
On a website, state branch president Brigadier Tim Hanna said that for some time, RSL-SA had tried to manage rising operational costs against a decline in revenue.
“Our situation has become increasingly difficult and the State Board unanimously voted to put RSL-SA into voluntary administration,” he said.
“A leading accounting firm, Rodgers Reidy, has been appointed to undertake the administration process and help the branch to restructure.
“Rodgers Reidy will assess the business and put in place new structures and arrangements that meet the RSL’s future needs.
“We remain committed to veterans and their families, the community and our sub-branches while also improving compliance with charities’ legislation.”
“There will be no impact on Anzac Day because of the announcement.
“Now is not the time to hold grudges, but to clear the air to work for the long-term sustainability of our fine organisation.”