Start date/time

May 15, 2018

From the Statutes

13.d. The General Assembly appoints a standing Finance Committee to advise the Executive Committee on its behalf on budgetary matters between General Assemblies, and to advise the General Assembly on the approval of the budget and accounts of the Union. The Finance Committee consists of not more than 8 members of different national affiliations, including a Chairperson, proposed by the National Members, and remains in office until the end of the next General Assembly.

....

23.a.The Finance Committee examines the accounts of the Union from the point of view of responsible expenditure within the intent of the previous General Assembly, as interpreted by the Executive Committee. It also considers whether the proposed budget is adequate to implement the policy of the General Assembly. It submits reports on these matters to the General Assembly before its decisions concerning the approval of the accounts and of the budget.

From the Bye-laws

29. The General Secretary shall consult with the Finance Committee (cf. Statutes § 13.d.) in preparing the accounts and budget proposals of the Union, and on any other matters of major importance for the financial health of the Union. The comments and advice of the Finance Committee shall be made available to the Officers and Executive Committee as specified in the Working Rules.

From the Working Rules

24. At the end of each of its final sessions the General Assembly appoints a Finance Committee of 5-6 members, including a Chair.

24.a. Three months before a General Assembly, the Finance Committee shall prepare a list of at least 10 Individual Members of the Union who accept to serve on the Committee for the next triennium if elected, including a nominee for Chair. The General Secretary shall forward this list to the National Members and invite additional nominations from them with a deadline of one month before the General Assembly. The Finance Committee shall verify that the resulting slate complies with the rules in Statutes 13 and with general principles of scientific, geographical and gender balance. Members shall not normally serve more than two consecutive terms, and it is desirable that roughly half of the members are replaced at each election. The Chair of the Finance Committee shall present the resulting slate of nominations to the National Members together with the report of the Committee on the previous triennium at the beginning of the General Assembly, for final election at its closing session. The Finance Committee remains in office until the end of the next General Assembly (cf. Statutes § 13.d.)