Article 10 – Finances

Section 1 – Financial Arrangements and Membership Dues

The annual income of the World Federation shall consist of:

(a)   the dues of full members;

(b)   contributions from honorary members and benefactors;

(c)   contributions from States and national and international organizations;

(d)   income from special activities and miscellaneous resources.

Section 2 – Payment of Dues

The scale of dues payable annually by members shall be established by the World Congress on the

proposal of the Executive Board.

The Executive Board shall make appropriate arrangements for the collection and administration of

the Federation’s resources.

Membership rights shall be suspended for non-payment of dues.

Section 3 – Accounts

The Treasurer, in liaison with the Secretary General, shall prepare the World Federation’s statement of accounts for each financial year, which shall correspond to the calendar year, and shall submit it for approval to the Bureau. That annual statement shall be verified by an Auditor.