GHFA Constitution

29. Honorarium and Reimbursement of Expenses

(1) Honoraria may be paid to Directors if approved at the Annual General Meeting for the financial year just ended and may only be paid after the Annual General Meeting has voted its approval. A Director may not be paid salary or wages by GHFA for serving as a member of the Board and may not provide services for consideration to GHFA while a member of the Board.

(2) Members of the Board are entitled to reimbursement of expenses, without interest, for any expenditure that they incur on behalf of GHFA. Such reimbursement to a Director shall not affect their right to receive honoraria payments following the next Annual General Meeting.

Reimbursement of expenses to a Director shall be approved at the first meeting of the MC following presentation, to the General Manager, of evidence of expenditure incurred.

(3) Association Committee Members are entitled to reimbursement, without interest, for any expenditure that they incur on behalf of GHFA. Such reimbursement shall be approved by the Board.

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