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Chapter Law Content

Title: Educational Association Act CH
Category: Ministry of the Interior(內政部)
Chapter Ⅵ Fund
Article 35
The incomes of an educational association are as follows:
1. Admission fee paid by each member when joining the association;
2. Annual membership dues paid yearly;
3. Donations from members;
4. Operating fee;
5. Commission income;
6. Funds and interest of funds;
7. Subsidies from the government;
8. Other incomes.
The amounts mentioned in Subparagraph 1 and Subparagraph 2 of the preceding paragraph and the regulations for receiving fees shall be provided in the articles of the educational association.
Article 36
The raising of the operating fee provided in Subparagraph 4 of Paragraph 1 of the preceding article shall be included in the annual plan of each educational association and implemented after being passed by resolution at the members ’ (member representatives ’ )general meeting.
Article 37
The annual budge book and final accounts book of educational association should be checked by council, reported to general meeting for adoption and finally submitted to competent authorities for check and reference.
Article 38
When being dissolved, educational associations should carry out liquidation work and the personnel in charge of the liquidation are to be appointed in general meeting; when no personnel can be appointed, inquisitors, interest-concerned parties or the competent authorities should request the court to appoint the personnel in charge of the liquidation work.
The surplus property of educational association after liquidation goes to the newly organized educational association, when no enough members are available to form a new educational association, the surplus property goes to the educational association of upper level.
Article 39
Enterprises run by educational association should have separate accountants, and the accounts should be sent to council and general meeting for check and adoption, then to competent authorities and educational authorities for check and reference.
After the halt of the enterprises run by educational association, the relevant rights and obligations are to be borne by the educational association.