The financial affairs of the Club shall be the responsibility of the Management Committee in general and in particular, the Treasurer. Correct accounts and book keeping shall be done by Treasurer or under his/her supervision.

Annual Accounts of the Club should be prepared for the Annual General Meeting by the Treasurer.

The Management Committee shall be empowered to open Bank Accounts in the name of the Club and all transactions in these accounts shall be authorized by the Management Committee.

All cheques, drafts and so forth shall be signed by the Treasurer and any one other person designated by the Committee.

The Club is registered with the Revenue Commissioners under Section 235 Taxes Consolidation Act 1997 (No. 746). The Revenue Rules as outlined in the following sections apply.

Income and Property

The income and property of the Club, shall be applied solely towards the promotion of its main object(s) as set forth in this Constitution.

No portion of the Club’s income and property shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise howsoever by way of profit, to the members of the Club.

No Officer shall be appointed to any office of the Club paid by salary or fees, or receive any remuneration or other benefit in money or money’s worth from the Club in respect of such office.

However, nothing shall prevent any payment in good faith by the Club of :


If upon the winding up or dissolution of the Club there remains, after the satisfaction of all its debts and liabilities, any property whatsoever, it shall not be paid to or distributed among the members of the Club. Instead, such property shall be given or transferred to some other institution or institutions having main objects similar to the main objects of the Club.

The institution or institutions to which the property is to be given transferred shall prohibit the distribution of its or their income and property among its or their members to an extent at least as great as is imposed on the Club under or by virtue of the Income and Property Clause above.

Members of the Club shall select the relevant institution or institutions at or before the time of dissolution, and if and so far as effect cannot be given to such provisions, then the property shall be given or transferred to some charitable object.

Additions, Alterations or Amendments

No addition, alteration or amendment shall be made to the main object(s) and/or the income and property clauses in this Constitution for the time being in force unless the same shall have been previously approved in writing by the Revenue Commissioners.

Keeping of Accounts

Annual accounts shall be kept and made available to the Revenue Commissioners on request.


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