AIESEC France Reserve 2012-2013
Goal of the Reserve ď‚› Create
a reserve for unexpected (legal)
issues. ď‚› Create an account which ensures the financial sustainability of the federation.
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Conditions
Efter each raised EP the federation pays 6 EURs in case of GIP EP and 4 EURs in case of GCDP to the AIESEC France Reserve account. The MC wants to support this reserve account, so:
If an LC reaises an EP, the LC as well as the MC will pay 50-50 % to the reserve account. If the MC raises the EP, it will pay the whole amount to the reserve account.
The implementation of the AIESEC France reserve starts on the 1st of October, 2012. The MC sends report quartelly to the LCs.
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Terms of payment Issues
included:
Letigation, legal cases; which doesn’t arise due to the fault of the LC.
Decision
making:
The decision will be made by a committee, its members are: Steering Team, Finance sub Committee, MCP, MCVPF.
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Estimated reserves by the end of the term: 206
GCDP: 824 EUR 70 GIP: 420 EUR TOTAL: 1244 EUR
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