(taken from the Constitution)
An active member with voting rights can be any institution, association or organisation, which is
composed of or representing the breeders and / or owners and / or jockeys of Arabian Horses
and is recognized by The Heritage Arabian Racing Club as proper representative of its country
and which have an interest in assisting The Heritage Arabian Racing Club to achieve its aim
and is willing to adhere to the rules of the The Heritage Arabian Racing Club.
A passive member without voting rights can be any institution, association, organisation or individual
person who doesn’t fulfill the above listed criteria for an active membership and who has
an interest in assisting The Heritage Arabian Racing Club to achieve its aim and is willing to
adhere to the rules of the The Heritage Arabian Racing Club.
Written admission applications shall be directed to the Secretary of the Management Committee.
The Management Committee decides on the admission. Admission can be denied without
giving a reason.
The membership ends automatically with
c) Non-payment of the membership fees
Article 4 – Resignation
Any member may resign membership with written notice to the Secretary of the Management
Committee with notice period of six (6) months to the end of a month. The full membership
fee is due for the business year in which the member resigns.
Article 5 – Suspension and Expulsion
Members can be suspended or expelled by the Management Committee at any time without
giving a reason. During the suspension, the member loses all its membership rights.
Article 6 – Benefactors
A Benefactor can be any natural or legal person, who supports The Heritage Arabian Horse
Club. The Benefactor has no rights and obligations.
Article 7 – Finance
Each member is obligated to pay annual membership fees. Each year the Management
Committee decides on the membership fee for active and passive members. The membership
fee for active members amounts to maximum […] and the membership fee for passive
members amounts to maximum […]. Suspended, expelled and resigned members owe the
membership fee until the end of the current business year.
Any money acquired by The Heritage Arabian Racing Club, including membership fees, donations,
contributions and bequests, shall be paid into an account operated by the Management
Committee in the name of The Heritage Arabian Racing Club.
Any deeds, cheques etc. relating to the The Heritage Arabian Racing Club bank account
shall be signed by at least two (2) of the following Management Committee members:
Chairman; Vice Chairman; Treasurer; Secretary.
Any income / expenditure shall be the responsibility of the Treasurer who will be accountable
to ensure funds are utilised effectively and the Heritage Arabian Racing Club stays with 3/
7 in budget. Official accounts shall be maintained, and will be examined annually by an independent
auditor who is not a member of The Heritage Arabian Racing Club. An annual financial
report shall be presented at the annual general meeting.