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| (i)TheincomeoftheAssociationshallbemainlyfrom-
a.EntryfeesandsubscriptionfromMembers
b.GrantsfromGovernment
c.Contributionanddonations
d.IncomefromotheractivitiesoftheAssociationincludingsurplusfromtherunningofrestaurant,sportsactivities,healthclubandotherrecreationalactivities.
e.Anyotherincomefrompromotionalactivities.
(ii)Anysurplusgeneratedwhilecarryingoutactivitiesinordertoachievetheaimsandtheobjectswouldnotbepaidordistributedamongstthemembersbywayofprofit,dividendorinanyotherformandshallonlybeutilisedforachievementofaimsandobjectsoftheAssociation. |
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