With effect from 14th October, 2016, each Tangent Club shall pay an Annual Administrative Fee (AAF) to Tangent India, a sum of Rs.300 (Rupees Three Hundred Only) per member on or before 31st July each year. The AAF will be payable by all Clubs, including Clubs chartered on or before the Tangent NAGM 2016. The AAF shall be accompanied by the Annual Administration Form which will form the basis for calculation of AAF. The Form will be circulated to all Clubs by the National Board by December 31st of each year.The amount raised from this fee will be used for the administrative expenses of Tangent India. This amount may be reviewed and enhanced at a General Meeting once in two (02) years, being approved by 2/3rds of members present and voting for the proposal.Enforcement Clause :
Clubs which fail to comply with Rule 6(e) above shall forfeit :
- Voting rights at the AGM
- Participation / Deliberations in the meetings of Tangent India
- Right to nominate a candidate for any National post
- Any assistance or information from the National such as Directory, Tangent Times and Supply House
- “Right” to represent as a member of Tangent India at the International AGMs or events.
- All other privileges concerned with the membership of Tangent India
The above Rights/Privileges shall be restored on submission of the AAF Form together with arrears of Annual Administrative Fee and a late fee of Rs.500/- (per year of default) to Tangent India.
Tangent India will have the right to revoke the charter of a Club that has not complied with Rule 6(e) for two (02) successive years, after giving due notice. Such a proposal to de-charter shall be brought before the general body at the next AGM. The number given to the de-chartered Club may be either frozen or allocated to another club at the sole discretion of the National Board of Tangent India.
Members of such Clubs that have had their charter revoked, will have the right to take a transfer to any other club in the country on completion of the necessary formalities governing the rule 6(g) for transfer of members.