Title VI, VII, VIII - Representation, finances, final disposition
TITEL VI – Representation
Article 18. Representation of the Association
All acts binding the Association, unless special powers of attorney are granted, shall be signed by the President or the Treasurer who will not be obliged to prove their power of attorney to third parties.
All legal actions, whether the Association acts as plaintiff or as defendant, are proceeded with by the agents of the Board, represented by its President or Secretary or a Board member appointed for that purpose.
TITEL VII - Financial Year and Accounts
Article 19. Budget and Accounts
The financial year begins on January first and ends on December thirty-one.
As required by Article 53 of the law, each year, the annual accounts of the past financial year as well as the budget for the coming financial year are drawn up by the Executive Committee and submitted for approval to the Board .
TITLE VIII. Final and/or Transitory Dispositions
Article 20
Anything not foreseen by the present Statutes and all the promulgations to be made in the Annexes of the Belgian Official Gazette will be carried out according to the legal provisions of the Belgian Code for Societies and Associations applicable to International Non-Profit Associations.
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