Federal �:1 no?'} OJ·?" 'l,lf. nx·;,.. .­ o.·l: nmr:,O t\ ..,.uo wG..,. llT nx·;,.. -l­ "} 11? 8/ submit performance report at any time when requested by the Office; f Ft. t/CT f0?:,0G•ll: jU Negarit Gazette No. 20 141h January, 2015 . . .... page 7949 ftJ"I· hfl A'l, o.·l: ..,.t\J',..,.aJ· f t1'J.{lm·-l- '} 9/ perform other functions necessary for the achievement of its objectives as may be assigned to it by the Office. (\.flo1, ..,.'"/fl&.-l- fD?hCJaJ'}: : 35. Budget ijJ . {ff-l?i/ r .'1&- hf'l..,. "-C D?tmc n1:-l- h'"l.h..,. t\·-l- ?"'}t,"b1· ·ut n(l?:l f t1?.7i . '} 1/The budget of a collective management society shall be drawn from the following sources: J',lfCJA:­ tJ) UH.IJ uo(lG-l- h'P)!o h" (l()(l·ll _,.. c;'ii i f J't\.·l: hli J' h""I."-G'"I a) deductions collected made in from accordance the royalties with this Proclamation; b) membership contributions; ,.ft) hl\.flo:"f'· ..,..f'.f''>if h'lt\.0/flo.Y.":i· c) fees collected from other related services. f""/.{l(l{l•fl fh'lt\. 0/fl0T h J':: fll tlH.IJ h'} X· UOIPGT '}Cl-f'l ft1'L G'l0Jo '}uo;J·?! uDtn'} h'"/,{lfl(lfiOJ· (tJ) 2/ The annual deduction to be made pursuant to ..,.+c;7i sub-article (1) (a) of this Article may not (?!) h'} X· J't\.·l: hm:J> f. amount of royalty. hfl ft ()uo.Y. uo11t\ 1' ft\ ()-l-9": : rt exceed thirty per cent of the total collected · (I) 3/ The amount of deduction to be made in f..,.uot\h..,.aJ· f ,f't\.--1: ..,. c;·ii uom'} accordance With sub-article (2) of this Article ..,.'"/fl&-'1! shall be sub rttitted annually to the Office for nH.tJ 1 o- f'l h'J f\ huo"-G'I- t\1\IJ T 0.·1: ()k-l- ()f'}uo•l: C{l uol),_:,. 1\t\ ()-l- 1 1 iiJI. fY,tl=fl DDIJ11lt Iii f ,'1&- hf'l..,. "-C -l-hht\ h1+x· approval before its implementation. 36. Books of Accounts D?IJ()". flf'l• fY.ft11 f_,. t\·'1 uotJ'"/11-l-1 11 . A collective management society shall keep complete and accurate books of accounts. uo,f'1f ht\()-l":: 11 f .'1&- hf'l..,. fY.tt11 2/ The books of accounts and financial documents h fi P.1' ()OJ-Q.l, of a collective management society shall bo c uotJ'"/11-l-CJ 11H11 D?tJn". audited annually by external auditors. }r.JL..,.C ()f'}uo•l: f,uoGuot.ft•: : f ,'1/,. hf'l..,. "-C f_,."-G 'IOJ-1 t?"c-l- 'he; J't\ OJ-') f "l'-1 D?tJ()C 'iuo..,. '}uo ft. }r.JL+ 3/ A collective management society shall submit fY. ...11 audited financial reports of the preceding year ()1:T and its budget of the following year to tho Office.

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