2. Juridiction

Article 3 – Budget guidelines

The budget guidelines, covering the period between two ordinary sessions of the World Federation, shall be established by the World Congress on the basis of the draft proposals submitted to it by the Executive Board.

The draft budget guidelines shall be prepared by the Treasurer in cooperation with the Secretary General and under the President’s authority and finalized by the Executive Board at its sessions immediately preceding the ordinary session of the World Congress.

Article 4 – Annual Budget

The annual budget shall be approved by the Executive Board at its session preceding the beginning of the financial year, on the basis of draft proposals prepared by the Treasurer in cooperation with the Secretary General.