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Statute of the Association

C. THE AUDIT COMMISSION

§ 30.

  1. The Audit Commission is the Association’s authority appointed to supervise and control its activities.
  2. The Audit Commission consists of three members.
  3. The Audit Commission elects a president, his deputy and secretary from within itself.
  4. Members of the Audit Commission are elected and recalled by the General Members’ Meeting.
  5. In the cases of reduction of the number of members of the Commission during its tenure – its composition is made out by the deputies of the Commission members elected by the General Members’ Meeting in order of the number of votes obtained or in order set by the General Members’ Meeting.
  6. Members of the Audit Commission:
    1. cannot be members of the Board of Management as well as be related to board's members by family or remain in their employment,
    2. are not lawfully sentenced for a crime committed intentionally.

§ 31.

The Audit Commission is entitled to:
  1. conduct control, at least once per year, of the Association’s activities in their entirety, with a special consideration to financial and property management from the point of its purpose, economy and legality,
  2. supervise the activities of all of the Association’s bodies from the point of their compliance with the Statute and the program of activities,
  3. put motions derived from the control assessment to the Board of Management,
  4. set motions and opinions concerning projects and budgets planned in the Board of management sessions,
  5. initiate at the General Members’ Meeting a motion to grant a vote of approval to the retiring Board of Management.
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