7.0 Finance and Subscriptions

7.1      The Subscriptions to the Club shall be due on the 1st of January of each year and be such sum as the Members in a General Meeting may determine from time to time and notified to the Kennel Club. New members paying for the first time after 1st October shall have their membership extended to cover the following year. Rates: £17.50 Joint, £15.00 Single; £2.50 Junior plus £5.00 initial Admin. Joining Fee.

7.2      No Member whose subscription is unpaid is entitled to any of the privileges of Membership and if the Member shall fail to pay outstanding subscriptions by 1st April their name shall be automatically erased from the register. Acceptance back on the register will be dependent upon a new application and payment of back arrears.

7.3      Members over 16 but under the age of 18 will be required to pay full Membership fees if intending to compete in the main classes of Club Working Rallies. Otherwise Junior Membership will apply.

7.4      Banking accounts shall be held in the name of the Society into which all revenue of the Society shall be paid and from which withdrawal shall only be made on the signature of two of the following Officers: The Treasurer, The Secretary or The Chairman of the Committee.

7.5      Money may be transferred to an account to accrue interest in the name of the Club at the discretion of the Treasurer and Committee.

7.6      The Financial Year of the Club shall commence on 1st of January and end of 31st December in each year.

7.7      No Officer or Member of the Club shall incur any liability, financial or otherwise, on behalf of the Club without the written authority of the Committee.

7.8      The Committee shall conduct the affairs of the Club, but may not incur financial liability beyond the funds of the Club.

7.9      The Treasurer shall keep and maintain an accurate system of accounts showing a complete record of all income and expenditure, the assets and liabilities of the Club. They shall, at the end of each Financial Year provide a Balance Sheet and Income and Expenditure Account for that year, detailing each separate event and function to show those providing a profit or loss.

7.10      The Treasurer shall also provide a Quarterly Report of the Club's Financial Position to the Committee as a fixed item on the Agenda for each Committee Meeting.

7.11      Anyone organising an event on behalf of the SHC must be accountable to the Treasurer for producing Income and Expenditure Sheets, complete with all necessary receipts, within a reasonable period after the event.

7.12      Anyone holding cheques/postal orders on behalf of the SHC of GB which are allowed to pass out of date (ie over six months old) will be liable to the Club for the lost monies.

7.13      The Accounts and Balance Sheets of the Club shall be certified annually by one Qualified Accountant or two unqualified individuals with accounting experience and presented to the Members at the Annual General Meeting. Copies shall be circulated with the AGM Minutes.

Date:01 Apr 2005