Income-Generating Activities - Action Against Hunger

➔
4.1.2. Group members’ investments and the property consequent to these
investments.
4.1.3. The produced goods and property obtained through the groups economic
activities.
4.1.4. The profit earned.
4.1.5. The property obtained by means authorised by existing legislation.
4.2. The group members investment can be money, securities, any property or
property rights, as well as other money estimation rights.
4.2.1. Pecuniary valuation of non-monetary deposits invested by group members
or third parties included in the group is approved unanimously by
the General Assembly.
4.3. Capital is being formed in the group. The foundation of this capital is formed
from the shares with held yearly out of the profit.
4.3.1. Reserve capital shares stimming from the profit correspond to 5% of
yearly net profit.
4.3.2. The expenditure procedures for the reserve capital are defined by two
thirds of Group members participating in the General Assembly.
5. Untouchable fund
5.1. The Group’s untouchable fund is formed from the main means given back to
the group within the Village communities’ self-insurance development programme.
The group members have no right to sell, distribute among themselves,
lend or pawn.
5.2. The list of main means registered in the untouchable fund is confirmed by
the charity presentation contract.
5.3. The untouchable fund can be increased.
5.3.1. The matter of decreasing the means of the untouchable fund can be
discussed only once in five years.
5.4. Besides the Group’s untouchable fund, the members have equal, undivided
share in case of remaining property. Persons resigning their membership or excluded
from membership by the decision of General Assembly have no share
in the untouchable fund.
5.5. The damage caused by illegal activity or inactivity of the group during the implementation
of economic activities should be covered by the person or people
who are to blame during the period defined by internal agreement. If the
dispute is not solved by internal agreement, the relations should be coordinated
according to the procedure defined by the Legislation of _________.
124
INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY