The second Vice-President shall take charge of research. ⑶ 25. General Secretary The General Secretary shall keep all records, except financial, of the ⑴ Academy and shall be responsible for their correctness. He will keep minutes of all General and Executive Council Meetings. ⑵ He shall maintain an up-to-date Register of Members. ⑶ He shall take charge of the daily tasks, plan and coordinate schedule ⑷ of the year’s activities. 26. Assistant General Secretaries (AGS) The two AGS shall assist the General Secretary in the Academy’s daily ⑴ activities. The first AGS shall take charge of external affairs and ⑵ organize/coordinate seminars/conferences/symposiums. The second AGS shall assist both the General Secretary and ⑶ Treasurer and deputize for them in their absence. 27. Treasurer The Treasurer shall keep all funds and collect and disburse all moneys on behalf of the Academy and shall keep an account of all monetary transactions and shall be responsible for their correctness. 28. Council Members The duties of Council Members shall be assigned by the Executive Council when and where necessary. Chapter 8 Auditors & Financial Year 29. Auditors Two (2) voting members, not being members of the Executive Council, ⑴ shall be elected as Honorary Auditors at an Annual General Meeting and will hold office for a term of two years only and shall not be reelected for a consecutive term. The accounts of the Academy shall be audited by a firm of Certified ⑵ Public Accountants if the gross income or expenditure of the Academy exceeds $500,000 in that financial year, in accordance with Section 4 of the Societies Regulations. They will be required to audit each year's accounts and present a ⑶ report upon them to the Annual General Meeting. They may be required by the President to audit the Academy's accounts for any period within their tenure of office at any date and make a report to the Executive Council. 30. Financial Year The financial year shall be from 1st January to 31st December.
⑶ The second Vice-President shall take charge of research. 25. General Secretary ⑴ The General Secretary shall keep all records, except financial, of the Academy and shall be responsible for their correctness. ⑵ He will keep minutes of all General and Executive Council Meetings. ⑶ He shall maintain an up-to-date Register of Members. ⑷ He shall take charge of the daily tasks, plan and coordinate schedule of the year’s activities. 26. Assistant General Secretaries (AGS) ⑴ The two AGS shall assist the General Secretary in the Academy’s daily activities. ⑵ The first AGS shall take charge of external affairs and organize/coordinate seminars/conferences/symposiums. ⑶ The second AGS shall assist both the General Secretary and Treasurer and deputize for them in their absence. 27. Treasurer The Treasurer shall keep all funds and collect and disburse all moneys on behalf of the Academy and shall keep an account of all monetary transactions and shall be responsible for their correctness. 28. Council Members The duties of Council Members shall be assigned by the Executive Council when and where necessary. Chapter 8 Auditors & Financial Year 29. Auditors ⑴ Two (2) voting members, not being members of the Executive Council, shall be elected as Honorary Auditors at an Annual General Meeting and will hold office for a term of two years only and shall not be reelected for a consecutive term. ⑵ The accounts of the Academy shall be audited by a firm of Certified Public Accountants if the gross income or expenditure of the Academy exceeds $500,000 in that financial year, in accordance with Section 4 of the Societies Regulations. ⑶ They will be required to audit each year's accounts and present a report upon them to the Annual General Meeting. They may be required by the President to audit the Academy's accounts for any period within their tenure of office at any date and make a report to the Executive Council. 30. Financial Year The financial year shall be from 1st January to 31st December.
annex7.docx