Page 22 - OSEP Management Module 6_Neat

Voting
Voting powers at the annual general meeting and general meetings:
• The president shall be entitled to a deliberate vote and, in the event of a
tied vote, the shall exercise a casting vote.
• Each individual member present shall have 1
vote.

Finance
• All funds of the club/federation shall be deposited .
• All accounts due by the club/federation shall be paid by cheque after
having being passed for payment at the and when
immediate payment is necessary, account/s shall be paid and the action
endorsed at the next management committee meeting.
• The secretary shall not spend more than a set amount of petty cash
without the consent of the , and shall keep a record
of such expenditure in a .
• A statement showing the financial position of the club/federation shall be
tabled at each management committee meeting by the
.
• A statement of income and expenditure, assets and liabilities shall be
submitted to the . The auditor’s report shall be
attached to such financial report.
• The financial year of the club/federation shall commence on
each year. The accounts, books and all financial
records of the association shall be audited each year.
• The signatories to the account/s of the club/federation will be the treasurer
and any 1 of the following:
–
–
–
• All property and income of the club/federation will apply solely to the
promotion of the of the club/federation and no part
of that property or income shall be paid or otherwise distributed, directly
or indirectly to members, except in good faith in the promotion of these
objects.

OSEP MANAGEMENT IN SPORTING ORGANISATIONS TRAINING PROGRAM — LEARNER’S GUIDE OSEP MANAGEMENT IN SPORTING ORGANISATIONS TRAINING PROGRAM — LEARNER’S GUIDE