Sources

  • Membership Cards and Membership dues.
  • Grants.
  • Consultancy fees derived from consultancies that the BDI may engage in.
  • Sale of materials and other resources, intellectual or otherwise, that shall be developed or generated by the BDI.
  • Any source whose terms and conditions do not in any way contravene the principles and objectives of the BDI as stipulated in this Constitution.

Utilization and Management

  • All the Material and Financial Resources of the BDI shall be applied solely towards the promotion of the objectives of the BDI as set out in this Constitution.
  • The Board of Directors shall by resolution determine the Bank Accounts that the BDI shall open and operate, including Specification of who the Signatories to these Accounts shall be.
  • All transactions performed on behalf of the BDI shall be in the name of the BDI.
  • The Financial Year of the BDI shall be twelve (12) Calendar Months, commencing on the 1st of January and ending on the 31st of December of every year.
  • The Books of Account of the BDI shall be Audited every year by an Auditor appointed by the General Assembly, provided that in appointing the Auditor the General Assembly shall ensure that there is no conflict of interest between the Auditor as appointed and the BDI.