protection of trade union funds and property.
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protection of trade union funds and property. by International Labour Office.

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Published in Geneva .
Written in English


  • Labor unions -- Finance.

Book details:

Edition Notes

Bibliography: p. [195]-200.

SeriesIts Studies and reports, new ser.,, no. 58
LC ClassificationsHD7801 .I67 no. 58
The Physical Object
Paginationiv, 200 p.
Number of Pages200
ID Numbers
Open LibraryOL262619M
LC Control Numberl 60000126

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Financial Safeguards - Union officers have a duty to manage the funds and property of the union solely for the benefit of the union and its members in accordance with the union’s constitution and bylaws. Union officers or employees who embezzle or steal union funds or other assets commit a Federal crime punishable by a fine and/or imprisonment. Trade Union Insurance and Asset Protection Over the past twenty years Clarke & Sampson has developed a comprehensive insurance program designed especially for trade unions and affiliated funds that helps to eliminate costly gaps and overlaps in coverage. • Trade union property • Listing • Independence • Administration • Trade union mergers • Breakaway unions and dissolution. Political funds • Political objects • The political fund • Review ballot • Ending of fund. Trade unions and their members • Union rule book • Use of union funds • Right to union . A trade union can make a representation on behalf of the employee or individual dispute if such employee gives written authorization. With that authorization, a Trade union can make presentation Before any consolation officer, Industrial Tribunal, or Labour Court. (3) Right to own property - A registered trade union can purchase and own movable.

Trade union political funds: a guide for trade unions, their members, and others on the provision of any service or property for use by or on behalf of any political party; In either case the complaint would be on the ground that there has been a breach of the union's rule book. The Trade Union Act enables the Certification Officer. (i) the safe custody of the funds of the Trade Union, an annual audit, in such manner as may be prescribed, of the accounts thereof, and adequate facilities for the inspection of the account books by the 1*[office- bearers] and members of the. or happen in the funds of such trade union, but shall be liable only for the moneys which shall be actually received by him on account of such trade union. Every treasurer or other officer of a trade union registered mcers to under this Act, at such time as by the rules of such trade union render,,o,nts. (d) The safe custody of the funds of the Trade Union, and annual audit, in such manner as may be prescribed, of the account books by [Subs. by Trade Unions (Amendment) Act No of ] and members of the Trade Union; and (e) The manner in which the Trade Union may be dissolved. 7.

FINANCIAL RESOURCES OF TRADE-UNIONS NATHAN BELFER SURPRISINGLY little information is avail-able on the financial assets of trade-unions. There are some data on dues, initi-ation fees, assessments levied by unions,' and the salaries paid to union officials;2 but material on the total assets of trade-unions is very scarce. The literature is.   Bonding: If your union funds or property exceed $5,, a union officer or employee who handles those funds must be fully bonded to protect from loss. Reporting: Union officers must file an initial information report and annual financial reports. Additionally, the report records must be maintained for a minimum of five years. MEMBERSHIP OF A TRADE UNION Right to form and join a section 5 of IRA, employers cannot: Put a condition in a contract of employment preventing an employee joining a trade union. Refuse to employ a person on the grounds that he is a member of a union. Discriminate against a worker on the grounds that he is a member of a union. Right to inspect books of Trade Union.- The account books of a registered Trade Union and the list of members thereof shall be open to inspection by an office-bearer or member of the Trade Union at such times as may be provided for in the rules of the Trade Union. Rights of minors to membership of Trade Unions.