Financial Regulations
You can download a copy of the Financial Regulations of the National Workers Union here.
Financial Reports
The Treasurer will ensure that regular financial reports are given to each meeting of the National Executive Committee and General Council.
Budgets
The Treasurer will ensure that a budget is prepared for the work of the Union and that this is presented to the National Executive Committee for approval and recommended to the General Council for ratification.
The Union will at all times maintain a balanced budget.
Staff Wages
All staff wages will be paid on time with an appropriate pay slip showing gross pay, all additional payments, all deductions and net pay.
Statutory deductions
Income Tax, National Insurance, Health Surcharge and any other statutory deductions will be paid on time to ensure that the Union incurs no penalties.
Investments
Any investments made by the Union will have to be consistent with the Founding Principles of the Union.
Auditing
The Union's accounts will be audited annual by a qualified person appointed by the Registrar of Trade Unions.
A copy of the audited accounts will be presented to the General Council and National Conference.
Version 1 – Issued: 30th November 2004
Recommended by the National Executive Committee on: [insert date]
Endorsed by the General Council on: [insert date]
Agreed by the National Conference on: [insert date]
Registered with the Registrar of Trade Unions on: 15th October 2004
Union Registration Number: 501