6 Financial Rules

6.1 Fiscal Year

The fiscal year of the SLOV Region shall be from January 1 to December 31.

6.2 Membership Fees

Regional membership fees for the SLOV Region shall be established by the Regional Committee with enough notice for the upcoming membership year. Branches may establish and collect additional fees at their own discretion.

6.3 National and Regional Fees

The Regional Committee shall collect from individuals, via the Branches, the appropriate National and Regional fees due and payable in each year and shall remit all National fees to the Canadian Pony Club Treasurer. All National, Regional, and Branch annual fees must be paid before a person may be registered as a member of the Canadian Pony Club.

6.4 Banking

Banking resolutions, as appropriate, shall be passed by the Regional Committee, provided that the SLOV Region may not borrow or raise money by loan at any time.

6.5 Remuneration

No member of the Regional Committee, the Regional Executive Committee or a Branch Executive Committee shall receive remuneration for services. Reimbursement for reasonable out of pocket expenses incurred in the performance of duties or functions may be allowed, upon presentation of receipts, at the discretion of the Committee involved.

6.6 Review of Accounts

The financial accounts of SLOV Region shall be reviewed annually by a person chosen by the Regional Committee at the Annual General Meeting. A statement for review shall be presented within three months of the fiscal year-end. Arrangements for such financial review shall be set at the Annual General Meeting.

6.7 Separate Accounts for Activities

Separate accounts for particular activities or events are strongly discouraged.