Page 56 - Student Handbook

b. Person In-charge of the building
c. Secretary of the organization
d. Person In-charge of the Hall

5. Submit a file copy to SOSCA Head.

E. Pewit may be denied or withdrawn whenever the circumstances so warrant.
F. Certification of Activity Accomplishments/Financial Report must be submitted to SOSCA within
one week after the activity. Said certification/report shall be prerequisite for the approval of
succeeding activity/withdrawal permit.

Section 12. Organization Funds

a. Membership Fees

As provided for in the approved Constitution and By-laws, each student organization
may collect a reasonable amount of semestral/annual membership fee from its members,
provided however, that evert collection shall be correspondingly covered by receipts issued
by the treasurer of the organization, and provided further that any amount as may accrue to
the organization, whether from voluntary contribution of the members or otherwise, be
properly accounted for.

b. Disbursements

Any disbursements from the funds of the organization, shall be effected only upon the
approval of its governing board, through a resolution/permit and upon concurrence of the
coordinators, provided however that the actual withdrawal from the depository of such
amount as may be necessary each time, shall be made by the head of the organization or by
its representative, upon his written authorization.

c. Depository

Funds of the organization must be deposited in the University Cooperative or the bank
designated by the OSA. Any amount from such funds shall be released upon presentation of
a resolution/permit.

d. Procedure for Withdrawal

1. Accomplish the form on permit to withdraw that includes the following:

1.1 Name of Organization
1.2 Purpose
1.3 Amount involved
1.4 Nature of Expenses

2. Have it duly signed by the treasurer, chairman/president, and adviser/coordinator,
SOSCA and Dean of OSA.