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10

(b)

A reasonable rent or hiring fee for property let or hired to the

Association. Only if approved and granted by the Trustees and/or there is

sufficient fund in the account that can be dispensed solely for the benefit of the

members.

(c)

An indemnity in respect of any liabilities properly incurred in the

running of the Association (including the costs of a successful defence to

criminal proceedings). It has to be approved and granted by the Trustees.

(d)

Any Committee Member who possesses specialist skills or knowledge,

and any firm or company of which such a person is a member or employee,

may charge and be paid reasonable fees for work carried out for the

Association. Only if approved and granted by the Trustees and/or there is

sufficient fund in the account that can be utilized for the benefit of the

members.

9.4 Association Property:

Association’s property will be maintained and

accounted for by the Property Member as per the property list.

10.

RECORDS & ACCOUNTS

10.1

The Committee must keep proper records of:

10.2 A

ll proceedings at General Meetings

10.3

All proceedings at Committee Meetings

10.4 A

ll reports of Sub-Committees

10.5 A

ll professional advice obtained

11

.

AUDITING OF ACCOUNTS:

11.1

The Executive Committee (EC) shall prepare the statement of accounts

covering the financial period (01 Apr – 31 Mar) each year.

11.2

The Executive Committee (EC) shall ensure that arrangement of auditing of

2GR Association-UK (Sirmoor Sathies’) accounts be carried out each year.

11.3

The auditing period shall be arranged in such a way so that the Treasurer may

be able to submit the financial report for that financial year at the AGM.