6:0 Finance

6:1         Cheques drawn on the Society's funds shall be signed by two signatories, who shall be members of and authorised by the Committee. 

6:2         The Honorary Treasurer shall (i) hold on behalf of the Society such money as may be raised by the Society (ii) keep proper account of all money received by and paid out by the Society and (iii) prepare the income and expenditure account and balance sheet of the Society in a form acceptable to the Committee.

6:3         The Honorary Treasurer shall present to the Society at the following AGM for approval: the income and expenditure account and balance sheet of the Society made up to 30^th September in each year, or such other date as shall be agreed by the Committee.

6:4          The income and/or property of the Society shall be applied towards (i) the promotion of the aims and objectives of the Society and (ii) any charitable purpose agreed by the Committee. No proportion of the income and/or property of the Society shall be paid or transferred to the officers, committee members or members of the Society other than in reimbursement of expenses properly incurred in the performance of the business of the Society.

6:5         An independent examiner shall be appointed annually at the AGM, wherever possible from amongst the members.  The independent examiner will check the accounts and report to the subsequent AGM.

7:0 Discipline 

The Committee shall have the power to request the resignation of any member for activities not in the interests of the Society.  Should any member refuse to resign, the Committee shall have the power to suspend or expel the said member should it think fit.

8:0 Winding up

In the event of the winding up of the Society any funds or other property then held by the Society shall be donated to any other society or societies having similar aims and objectives, as shall be selected and approved by the Committee.

As approved by the AGM Meeting on 18th November 2011.


           Back