Expenses and Funds

	for all who love Hadleigh
Newsletter Index	[ Home ] [ Up ] [ Name ] [ Objects ] [ Membership ] [ Subscriptions ] [ Meetings ] [ Officers ] [ Executive ] [ Sub Committees ] [ Study Groups ] [ Declaration of Interest ] [ Expenses and Funds ] [ Investment ] [ Trustees ] [ Amendments ] [ Notices ] [ Winding Up ]

EXPENSES OF ADMINISTRATION AND APPLICATION OF FUNDS

The Executive Committee shall, out of the funds of the Society, pay all proper expenses of administration and management of the Society.

After the payment of the administration and management expenses and the setting aside to reserve of such sums as may be deemed expedient, the remaining funds of the Society shall be applied by the Executive Committee in furtherance of the purposes of the Society.