It is great way to socialise regularly, save and invest. While there is strong disappointment with the government and its leaders. Mhlekazi andile siyabonga ndhlovu 30112016 page 2 of 32 1 character of the association 1. Stokvels generally have a constitution which dictates the size of the contributions, when the accumulated money is to. Shares cowsharing stokvel has secured shares on behalf of its members and is a therefore a shareholder in cowsharing consortium pty ltd. Sample constitution how will the organization function. The first recorded stokvel called a bantu burial scheme was in 1932. Amendments how can the constitution be changed who proposes changes how are the changes proposed what are the voting requirements to change the constitution. The membership of this group is a 5 year lockin period of funds starting 30th of november 2017. Club meetings samples differ from routine meetings in that they dont always follow a formal course. How to write a constitution for a club with pictures wikihow. It is up to the chairperson of a club meeting to decide how formally he wants it to get rolling. Stokvels as a communitybased saving club aimed at eradicating poverty a case of south african rural women.
Step 1 step 4 step 5 step 6 choose the unit trust portfolio that suits your stokvel best. All stokvel funds contributions received from stokvel members are. The case in orange farm, johannesburg, south africa article pdf available in social workmaatskaplike werk 504. Distribution of wealth through property investment and wealth. A copy of the chairperson id copy, proof of residence must be kept on file. There was no signed agreement made, nor a copy of rules distributed.
Model constitution for secondary housing cooperative model constitution for tertiary cooperatives the model constitution must be signed by all members and accompany the registration forms. The pdf version can be printed using any pdf viewer. Thus the constitution of a stokvel provides checks and balances, and this also makes it easier for the police to intervene in case of infringements. The constitution of the united states is the supreme law of the united states of america. Since then, stokvels have gone by many names, including mohodisana a sotho term meaning paying each other and the zulu version, kuholisana, gooigooi, from the afrikaans word throw, indicating the money thrown in the pot, and makgotlas meaning burial societies. Pdf stokvels as an instrument and channel to extend credit to.
The constitution of the united states preamble we the people of the united states, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defence, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do. General constitution national stokvel association of south africa. A stokvels constitution provides a buffer against practices that undermine the viability or success of the stokvel. Was the stokvel formed, organised or incorporated in a country other than south africa, or is it being managed in a country other than south africa. Approve money withdrawal with other executive member post a resolution passed in a meeting. A basic constitution is provided below, although clubs should consider community amateur sports club status see sport and recreation alliance website for details for tax and other financial benefits. You can use the model constitution as a guide to check that your constitution has all the required clauses, or you can adopt it. Sample club constitution student activities drew university. The secretary in conjunction with all other officers shall then decide on the date of a forum meeting to discuss such proposals, giving at least four weeks 28 days clear notice. This constitution and any amendments and changes hereto shall be filed by the club with the office of student activities and shall be available to any member of the organization for inspection during office hours.
Affordable and search from millions of royalty free images, photos and vectors. Are any of the stokvel executive members chairperson, secretary, treasurer or other. This site offers free, printable versions of the founding documents of our republic, including the u. Burial stokvels social workmaatskaplike werk mafiadoc.
You all learn investment skills you can apply to your own personal portfolios. Proposals for amendments to this constitution, or dissolution must be delivered to the secretary in writing. Each partner shall inform the other partners about any intent to transfer the partners shares, and about the. Sometimes, club meetings are held casually so as to engage the participating members and encourage them to unhesitatingly share their views.
Members who do not abide by the stokvel constitution face penalties and even expulsion obidience. How will the organization spend money who will be responsible for overseeing the budget article viii. Nasasa is a selfregulatory organisation authorised by the south. The constitution on file in the office of student activities shall be the official constitution of the organization. The constitution was adopted on september 17, 1787, by the constitutional convention in philadelphia, pennsylvania, and ratified by conventions in eleven states. You can take advantage of some opportunities available such as schemes which advance bee projects by being a group which you cannot do alone. Great for history and social studies projects, this printable united states constitution has the full text on a plain background. Club constitution template provided by sport england.
Department of social development private bag x 901. Keep accurate account of all the stokvels finances and present copies. This constitution can be amended by a twothirds vote of the entire membership at a regular meeting of organization name or acronym. Stokvels are invitationonly clubs of twelve or more people serving as rotating credit unions or. Mar 29, 2019 a constitution is a set of rules for running a club. Just as some people exercise more when they have an exercise buddy, others find it easier to save when they do it in a group.
It provides guidelines for conflict resolution and a framework for action so that your club can accomplish its goals. Make sure your group has a stokvelsociety bank account. Should a member pass away, his or her family members will not automatically become members of the stokvel. Together, these principles define the stokvel group premise. Members will supply the stokvel with their personal details id number, date of birth contact details and residential address fica details. Sample constitution how will the organization function for. Constitution this is an important document that must be drawn up when you start a stokvel. No alteration, repeal or addition shall be made to the constitution except at the annual general meeting, or general meeting, called for that purpose and notice of all motions to alter, repeal or add to the constitution shall be given to members fourteen 14 days prior to the annual general meeting, or seven 7 days prior to a general meeting. Explore opportunities that would enrich the stokvel and its members.
Proof of business address used to identify stokvel. The name stokvel originated from the term stock fairs, as the rotating cattle auctions of english settlers in the eastern cape during the early 19th century were known. The constitution of the united states as a printable pdf file. How to start and manage an investor club stokvel contents page 1 setting up investor clubs stokvels through etfsa investor plan by mike brown 2 2 administration requirements 3 3 sample stokvel investor club constitution 4 6 4 authorisation letter 7 5 how to start a stokvel by helena wasserman women24 8. Apr 14, 2015 some benefits of an stokvel investment club. Clubsociety constitution a clubs or societys constitution is a document that defines your club or society and provides you with a basic set of rules for the daily running and management of this group. The investor must read the investment bearers acknowledgement of debt where the money will be deposited every month. For the undisciplined spender who is constantly cashing in their savings, a stokvel, or group savings club, could be the answer. A 4week introduction to bible prophecy and end time events. Pdf the role of stokvels in improving peoples lives.
A constitution is a set of rules for running a club. The case in orange farm, johannesburg, south africa article pdf available in social workmaatskaplike werk 504 november 2014 with 4,178 reads. Stokvels as an instrument and channel to extend credit to poor. To provide property education, workshop and training.
The file contains 3 pages and is free to view, download or print. Pdf stokvels as a communitybased saving club aimed at. In order to assist organisations in drawing up their constitution, the department has designed a model constitution for voluntary associations. Twenty years of south african democracy freedom house.
Carry copies of the entire constitution as a handy foldable booklet, or refer to one article or amendment at a time. Readbag users suggest that microsoft word stokvel constitution. Constitution of the united states we the people of the united states, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defence, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this. Nasasa membership form nasasa is a selfregulatory organisation authorised by the south african reserve bank in terms of government notice 404 in gazette 35368 25 may 2012. To write your own club constitution, youll need to meet with your. Pdf stokvels are selfhelp initiatives designed to respond to the problems of. Sedimonthole stokvel contract this is a contract that the investor signs in order to be accepted to the stokvel. Department of social development private bag x 901 privaatsak. Sample stokvelinvestor club constitution the name of the stokvel is aims and objectives the stokvelinvestor club is a group of natural persons individual members amongst whom a common bond exists to form an invitation only group savings scheme, investor pool or rotating credit scheme. Nasasa is a selfregulatory organisation authorised by the south african reserve bank in terms of government notice 404 in gazette 35368 25 may 2012. Members who do not abide by the stokvel constitution face penalties and.
Authoritynational governing body of the sport delete as relevant. All legislative powers herein granted shall be vested in a. The constitution of the republic of south africa, 1996, was approved by the constitutional court cc on 4 december 1996 and took effect on 4 february 1997. Application form for stokvel investors unit trust scheme. Cowsharing stokvel will facilitate the transaction between members for 10% of the transaction value. Sample constitution the constitution of an organization contains the rules that govern the actions and activities of the group. If yes, please complete the self certification for foreign stokvel members and submit it with your application form. They cannot, however, be implemented without the prior consent in writing of the registrar, obtained upon application to him.
Each club should carefully consider the most appropriate constitution for its particular circumstances. A constitution is a document that provides the rules on how an organization of people e. Constitution of hlanganani ngothando organisation welfare organisation no. If yes, please complete the separate foreign stokvel declaration and self certification form and submit it with your application form. Get a free copy of the constitution of the united states. Pdf the aim of the article is to investigate the possible use of traditional stokvels as a. The club will be called name of club, and will be affiliated to disability sport waleslocal.
This constitution takes precedence over any and all bylaws. Constitution microsoft word templates are ready to use and print. Amendments to the constitution of the society must be approved by at least a twothirds majority of members at a general meeting of the society. Your group representatives must provide a copy of id and proof of residence. Purpose what are the aims of the organization how will the organization function for whom does the organize exist whom does it benefit article iii. University policies and state and federal laws take precedence over constitution and any and all bylaws. Twenty years of south african democracy executive summary after 20 years of democracy, south africans celebrate that human rights have been realized and that society is transforming. To write your own club constitution, youll need to meet with your club to discuss your clubs principles and and policies. The club needs to set up a founding document or constitution, which details its objectives, terms of reference, membership requirements. Unfortunately there is now a situation at work where some of the members might be retrenched. Model constitution for a voluntary association with. Stokvels generally have a constitution which dictates the size of the contributions, when the accumulated money is to be paid out and the roles and responsibilities.
No other law or government action can supersede the provisions of the constitution. The secretary in conjunction with all other officers shall then decide on the date of a meeting to discuss such proposals, giving at least four weeks 28 days clear notice. This constitution has been drafted and published by the national stokvel association of south africa nasasa as a set of fundamental principles according to which a stokvel or any communitybased deposittaking organisation is governed. Sample stokvel investor club constitution the name of the stokvel is aims and objectives the stokvel investor club is a group of natural persons individual members amongst whom a common bond exists to form an invitation only group savings scheme, investor pool or rotating credit scheme. Inspired by stephen coveys seven habits of highly effective people. Unpacking the potential of south african traditional saving schemes pdf. Alteration of the constitution a proposals for amendments to this constitution or dissolution see clause 11 must be delivered to the secretary in writing.
Proof of residence not older than three months for each signatory eg utility bill or phone account with name and physical address. This document is a set of guidelines that a stokvel group may use to create its own constitution. The average south african stokvel member contributes about r711 a month. How to start and manage an investor club stokvel etfsa. Members must abide by the stokvel constitution and be over the age of 21 years old.
The constitution of the republic of south africa south. Every recognized student organization at ndscs is required to file a current copy of their constitution and bylaws with the ndscs student senate in the fall of. Investor club stokvel contents page 1 setting up investor clubsstokvels through etfsa investor scheme by mike brown 2 2 administration requirements 4 3 sample stokvelinvestor club constitution 5 7 4 authorisation letter 8 5 how to start a stokvel by helena wasserman women24 9 10. The npo act requires certain elements that must be in a constitution. Constitution, bill of rights, declaration of independence, and other rights laid out by americas founders. Jul 22, 2019 however, you may choose to have a smaller number of members in your savings group. Download constitution word templates designs today.28 960 1026 1021 1539 439 1084 324 1427 905 966 822 175 315 75 551 884 242 1522 1532 1154 487 1321 407 1079 1148 884 1190 194 721 353 162 1274 464 1032 1177 345