Page 8 - July 2020 Board Meeting Agenda_Neat

The Chairman stressed on the importance of setting up accounting system in compliance
with Generally Accepted Accounting Practise (GAAP), membership drive, corporate
governance and constitution and bylaws. The Financial Year End is 31-Dec of every year.
2.2 Membership
IAATI Asian Branch is currently provisional and needs 30-35 members to get to full
charter.
• International Capitation Fee is USD12.50 per member p.a.
• Membership renewal is due every 31-Dec, with up to 31-Mar to pay membership fee.
• Membership renewal for members signed in 2020 will be 31-Dec 2021.
• Collection and processing of members' personal data should be in compliance with
Personal Data Protection Act 2010 (PDPA 2010).

2.3 Others
• Chairman advises setting up G-Suite for IAATI Asia which can be free for non-profit
organisations.
• Chairman advises that IAATI International has resources which can be utilised by IAATI
Asian Branch where needed.
• Lorela Chi (Secretary) was advised to liaise with John Abounader (JA) on administrative
details.

3) Action Items
• Rectify organisation name with ROS.
• Set up bank account once organisation name is rectified
• Prepare e-flyer for marketing of IAATI Asian Branch and membership drive once bank
account is set up.

4) Next Meeting
• Next meeting was set for Friday 17-July 2020, 16:00 MYT. There being no other matters to
discuss, the meeting was adjourned with a vote of thanks to the Chair at 15:10 MYT.