| Financial
Resources of AASA may come from membership fees, contract fees, public subsidies, donations |
|
The
Board determines the annual membership fee
of the members in accordance with the rules
and regulations.
The membership fee for a financial year
must be determined prior to the financial
year and be based upon an approved plan
of activities and related budget. At the
Inauguration and First General Assembly
Meeting of the AASA held on September 22,
2000 in Seoul, Korea, it was decided that
Each Member Academy pay an annual Membership
Fee of US$ 1000.00.
It was consented, however, that an exemption
or reduction of the fee may be allowed in
due course for academies with financial
difficulties. |
|
Donations
from members and other similar bodies, governments,
public or private organizations, corporations
or funds and private individuals will be
sought and extended as the activities and
recognition of AASA become more firmly established. |
|
| The
financial year of AASA follows the calendar
year. |