CONSTITUTION

   
 

CONSTITUTION OF KWAZULU-NATAL DEAF ASSOCIATION (As Amended)

 

Page 4

  7. FINANCE
     
    7.1 The income and property of the Association wheresoever derived shall be applied towards the promotion of its main objectives and no portion thereof shall be paid or transferred, directly or indirectly, by way of dividend, bonus or otherwise howsoever, to the members of the Association : provided that nothing herein contained shall prevent the payment in good faith of reasonable remuneration to ant officer or employee of the Association, or to any member thereof in return for any service actually rendered to the Association
       
    7.2 All financial transactions of the Association will be conducted by means of bank accounts, namely cheque, transmission, savings for both running costs and project costs