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CHARTERS
Charter V. Financial regulation:
Article 27: The fiscal year of the Viet nam National Cement Association starts on January 1 and ends on December 31 every year.

Article 28: The main principles of the Viet nam National Cement Association’s finance will be determined by the General Assembly and the annual budget will be ratified by the Council for every fiscal year.

28.1 The income of the Viet nam National Cement Association will  consist of:

-         Membership fees.

-         Grants from institutions or individuals at home and abroad.

-         Income from legal operations of the association.

28.2 The Viet nam National Cement Association spends its budget on:

-         The regualar operations of the Viet nam National Cement Association.

-         The salary for officials and staffs of the Association office.

-         Purchasing properties, equipment and materials.

-         Social and health insurance for officials and staff of the Association office.

-         Commending and rewarding outstanding members or officials.

-         Funding the operations of the association Branches.




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