2015-09-06
215
1. The revenue of the Bureau shall be comprised of:
1) initial membership fees of members of the Bureau;
2) contributions by members of the Bureau and late-payment interest on overdue contributions;
3) income from investment of the funds of the Bureau;
4) interest earned on deposits with banks;
5) funds reimbursed to the Bureau;
6) funds paid to the Bureau as fees for the handling of claims as part of its commitments to members of the Green Card system;
7) penalty and interest paid to the Bureau for failure to fulfil commitments to the Bureau;
8) funds and assets donated by natural and legal persons;
9) other funds.
2. The Bureau shall be liable for its obligations to victims of road accidents to the extent of the funds of Bureau’s treasury.
3. The amount of the initial membership fee payable by members of the Bureau as well as the time limits and procedure for the payment thereof shall be set forth by the Ministry of Finance.
4. The amount of contributions by members of the Bureau, the procedure for transferring the said contributions and the amount of late-payment interest on overdue contributions shall be set forth by the Government or by an institution authorised by the Government.
5. The Bureau may use its funds only for the purpose of achieving its objectives and performing its functions. Members of the Bureau who withdrew or were excluded from membership in the Bureau shall not be entitled to any share of the funds and assets accumulated by the Bureau.
