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PARISH MANUAL - St.Gregorios Indian Orthodox Church, Kuwait

PARISH MANUAL - St.Gregorios Indian Orthodox Church, Kuwait

PARISH MANUAL - St.Gregorios Indian Orthodox Church, Kuwait

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10.2. General Reserve10.2.1. With a view to support any future lean years and to support any needy membersof the parish the General Body decided to set aside 50% of the surplus of eachyear together with the 25% each appropriated from the Birthday and SelfDenial Collections to a General Reserve account. (G.B. Decision of 18.4.1986)10.3. Limits of the Managing Committee10.3.1. Though not sanctioned by the budget the Managing Committee is empoweredto incur expenses in the following circumstances with the prescribed limits:10.3.2. Unforeseen or extra ordinary expenses without limit, but to be ratified in theimmediately following General Body (G.B. Decision of 10/06/’83)10.3.3. The maximum amount that can be spent by the managing committee outsidebudget is limited to KD 75/= (G.B. Decision 24/03/’00)10.3.4. Any Bishop of the Malankara <strong>Orthodox</strong> church invited by the parish shall begiven a “kaimuth” of KD 301/= (G.B. Decision 22/03/’96)10.3.5. Any Bishop of the Malankara <strong>Orthodox</strong> church on a casual visit to the parishshall be given a “kaimuth” of KD 101/= (G.B. Decision 22/03/’96)10.3.6. The diocesan Bishop on his visit to the parish shall be given a “kaimuth” of KD401/= (G.B. Decision 23/05/’95)10.3.7. All priests who visit the parish shall be given KD 25/= (G.B. Decision23/05/’95)10.4. Parish Bank Accounts10.4.1. The parish bank accounts are operated by the joint signatures of the Vicar andthe Hon. Treasurer or the Hon. Secretary if the Hon. Treasurer is out of <strong>Kuwait</strong>.(G.B. Decision of 02/06/’78)10.4.2. A bank account shall be opened in a bank in India, operated jointly by the officebearers of the parish, to facilitate charity disbursements. (G.B. Decision31/05/’05). The maximum amount in this account shall be Rs 15 lakhs and allpayments in India shall be from this account. (G.B. Decision 06/07/’10). Thisaccount shall be an NRE joint account in the name of Vicar, Trustee andSecretary of the Parish (G.B. Decision 21/06/’11).10.4.3. The “CBK” fixed deposit in the parish name shall be converted as a jointaccount in the name of the Vicar, the Hon. Treasurer and the Hon. Secretary ofthe parish. (G.B. Decision 19/06/’07). This fund cannot be used for any otherpurposes other than the construction of a church (G.B. Decision 21/06/’11).Parish Manual / <strong>St</strong>. <strong>Gregorios</strong> <strong>Indian</strong> <strong>Orthodox</strong> Maha Edavaka, <strong>Kuwait</strong>. 22

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