Income-Generating Activities - Action Against Hunger

Field handbook • Scientific and Technical Department
3.5. The group has the following rights:
3.5.1. To obtain property by all means not-forbidden by Legislation of the
_________, also securities, to use and manage them and with profit or
other useful results received.
3.5.2. To form financial resources itself, including bonds, obtain bank and
trading loans including currency in the Republic __________and other
countries, to publish and distribute securities.
3.5.3. To sell, give for rent, exchange, transfer property rights by all means
not-forbidden by Legislation, to be depositor and pledge.
3.5.4. To export and import its property, products produced, bought or legally
obtained, according to the procedures defined by the Legislation;
carry out services and work for foreign legal persons and (or) organisations
and citizens, use their work and services, make investments in
other countries according to their Legislation, make legal persons and
(or) participate with legal persons and (or) take advantage of other
rights.
3.6. The group is obliged to:
3.6.1. Carry out business accounting and present a statistics report according
to the procedures defined by Legislation or other legal documents.
3.6.2. Sign contracts with workers of the Company.
3.6.3. 0Take responsibility and cover the damage in case of break in the contract
or breach of ownership rights of other people.
3.6.4. Declare the Group’s bankruptcy according to the procedure defined
by the Legislation in case of impossibility to satisfy requirements of
lender.
3.6.5. Provide reservations of the Groups documents (the Legislation of the
Group, documents approving property rights, internal documents of
the Group, yearly reports, business accounting papers of the separate
departments and organisations, minutes of governmental bodies’
meetings, other documents assigned by the laws of ________ and other
legal documents).
3.6.6. Meet other obligations defined by the Legislation and this Regulation.
4. Properity
4.1. The Group is the owner of:
4.1.1. The property presented to the group via charity presentation contract
within the Self Insurance Development Programme of ACF.
INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY
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