>The SSEAYP INTERNATIONAL CHARTER

Article 14: GENERAL RULES

14.1 The source of revenue of SSEAYP International shall be membership fees paid by Alumni Associations and donations.
14.2 Each Alumni Association shall pay an annual membership fee to the SSEAYP International.
14.3 Fund raising activities of SSEAYP INTERNATIONAL and membership fees of associate members will be initiated upon the approval of the Council of Presidents.
14.4 Donations, revenue and sponsorship from other sources will be considered by the Secretary General provided that there are no attached conditions or commitments that jeopardize the objectives of SSEAYP INTERNATIONAL. The Secretary General shall report these sources of revenue to the Council of Presidents for approval.
14.5 The Secretariat shall give consideration to substantial equality of financial burden borne by each member Alumni Association. Exceptional financial cases such as special measures for membership fees shall require the approval of the Council of Presidents.

Article 15: SPECIAL ACCOUNT
15.1 A Special account may be put aside for activities which require special revenue such as joint projects. The Council of Presidents may raise funds for SSEAYP International. The establishment of a special account or fund shall be accompanied by the nomination of person responsible for such an account who shall report to the Council of Presidents.

Article 16: FISCAL YEAR
The fiscal year of SSEAYP International shall begin on the first of January and end on the 31st of December of each year.


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