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Income-Generating Activities - Action Against Hunger

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➔<br />

APPENDIX 11: EXAMPLE OF INTERNAL REGULATIONS<br />

1. General points<br />

1.1. Group “Zor-Zor” (hereinafter “Group”) is the IGA beneficiaries’ group founded<br />

within the Community Development programme of ACF. Members of the group<br />

are chosen according to criteria presented at point 6.1.<br />

1.2. From the moment of State registration, the group is given the status of a legal<br />

person and acts according to civil Law, other laws of ___________ and is submitted<br />

to existing regulation.<br />

1.3. The groups postal address is: _____________________.<br />

2. Objectives and subject<br />

2.1. The objectives of the group are:<br />

2.1.1. To make profit through economical activities and distribute equally to<br />

the members.<br />

2.2. The subjects of the group activities are:<br />

2.2.1. Sheep-breeding and other agricultural activities.<br />

2.2.2. Any kind of activity not forbidden by ________ legislation.<br />

3. Rights and obligations<br />

3.1. From the moment of State registration, the group is given the status of legal<br />

person and according to the existing law has the following rights and obligations:<br />

3.2. The group has its own property, as an owner, and in case the group does not<br />

carry out its obligations, a penalty can be incurred, the group can sign contracts,<br />

acquire and implement material and non-personal material rights,<br />

have obligations, act as a plaintiff or respondent in court.<br />

3.3. The group has its balance settlement accounts (in ________, currency) in the<br />

national bank _________and in a foreign bank.<br />

3.4. The group can be the founder (founding member) of another company, cases<br />

assigned by the Legislation or other laws excluded.<br />

122<br />

INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY

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