According to Industrial Boiler Branch of China Electrical Equipment Industry Association Work Ordinances, payment of the membership dues is one of obligations of the membership companies. Dues collection is the main financial source for Branch conducting routine work and initiating activities. In order to normalize membership dues collection, this Membership Dues Administration was worked out based on Industrial Boiler Branch of China Electrical Equipment Industry Association Work Ordinances.
1. Membership Dues
Membership Dues could be categorized into two: new admittee registration charge and annual dues.
1.1 New admittee registration charge:New admitting member should pay l500RMB only one time
for membership registration.
1.2 Annual dues: 1500RMB each year for Chinese member companies without reference to its scale, 5000 RMB each year for overseas member companies.
2.Dues Collection
The secretariat of the Branch will be responsible for the dues collection. An independent account shall be used for due collection and other legitimate incomes.
2.1 New admittee registration charge shall be payable when admitted to the Branch;
2.2 The annual dues shall be payable before second season of each year.
3.Dues uses and turn in
The Branch will turn in 10% of dues collection to China Electrical Equipment Industry Association. All the rest will be used as outlays for the Branch. In principle, the use of dues collection will be pursuant to Chapter 5 0f Work Ordinances with the principle of rational use and balancing. The balance will be used for next fiscal year.
4.The administration was approved by the congress by voting on Aug.8. 2006.
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