Article 12. Dues and income

A. Dues (subscriptions)

The amount of annual dues (subscriptions) for each class of member shall be set at the General Meeting of the Membership. Dues (subscriptions) shall be paid by all members within sixty (60) days after receipt of the written assessment. The Executive Committee may expel any member who fails to pay dues within six (6) months after receiving the dues (subscriptions) assessment.

B. Other income

The Federation may receive subsidies, gifts, legacies, receipts from publications and other forms of revenue and income.

C. Auditors

The Auditing Body shall consist of two (2) Federation members elected as Auditors by the General Meeting. Those auditors must not be nationals of the same country nor must they be nationals of the country in which the Federation has its secretariat. Furthermore, they must not serve as I.C.D. members nor have the same nationality as the President of the Federation.

The Auditors shall serve for a two-year term. Outgoing or former Auditors may be re-elected.

The Auditors shall examine all revenues and expenditure entered in the accounts of the Federation and verify its annual financial statements with due regard to the provisions stipulated in the Constitution. The Auditors shall report their findings to the I.C.D. and – every two years – to the General meeting and shall demand approval of the conduct of business by the I.C.D. for the fiscal year under review.