Finance Committee (FC)

Description

This Committee advises Union Officers on the sound management of Union finances and investments.

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Subcommittees and Commissions

None

Reports of Activities

None

Policy Statements and Audited Statements

Minutes of Meetings

Terms of Reference

(i) To advise the President and the Executive Committee on financial matters.


(ii) To make financial recommendations for decision by the President and/or the Executive Committee.


(iii) To review the IUPAC securities at least annually and to make such changes as appear appropriate.


(iv) The Finance Committee shall not have executive functions except with respect to dealings in securities. The Finance Committee shall have executive authority with respect to selection, purchases, and sales of securities held by IUPAC, provided that the Treasurer concurs with the decisions of the Finance Committee.

Membership

Ex Officio