Article 41
The Board of Directors may appoint a manager from among its members or others and authorise him/here to carry out the Society’s day to day administrative affairs.
Such a manager may be appointed for remuneration to be specified by the Board of Directors. In such case, the manager, where he is a Board member, shall be deemed to have resigned his Board of Directors office
Article 42
The revenues of the Society shall consist of:
- The admission fees paid by members upon their registration or re-registration.
- The subscription fees.
- Donations and contributions approved by the Ministry of Labour and Social Affairs.
- The proceeds from functions, exhibitions, charity bazaars and social and recreational programmes organised by the Society subject to the approval of the competent authorities.
- Profits and interest generated from investment of the Society’s funds within the applicable laws.
- Revenues from of various activities of the Society, such as seminars, conferences, publication of books and workshops.
Article 43
The Society may not accept money from any foreign person or agency nor shall it send money to persons or organisations overseas without notifying the Ministry of Labour and Social Affairs accordingly. Exempted are the amounts in respect of the price of scientific and technical books, publications and records, engineering training conferences and training courses and subscriptions in engineering organisations, institutions and associations.