All the activities of the Association shall be financed by:

  1. Membership Registration Fees and Subscriptions
  2. Donations
  3. Gifts
  4. Grants from Government and Non-Government
  5. All donations, gifts and grants must be approved by the executive Committee.
  6. Funds of the Association shall be deposited in the name of the Association with a recognized Canadian Chartered bank or trust company. All payment over CDN$ 500/= must be approved by the Executive Committee.
  7. All cheques, drafts, bank-notes, etc. need to bear any two signatures of the following three Executive Committee members: President, General Secretary and Treasurer.
  8. The Executive Committee shall appoint a three-member audit team from the member of the Association and the audit must be completed annually. The fiscal year of the Association shall commence on the first day of July in each year.
  9. The audited financial statement shall be presented by the Treasurer at the Annual General Meeting, and at any other time required by the Executive Committee.