RULES AND CONSTITUTION

1. The Society shall be called the Italy & Colonies Study Circle, the object being to promote and encourage the study of all aspects of Italian philately, including her ex-colonies, offices abroad, San Marino, Vatican etc.

2. The officers of the Society will be the Secretary, Treasurer and the Editor of Fil-ItaIia, these together with three ordinary members to form an Executive Committee in whom the management of the Society will be vested. The President will be an ex-officio member of the Committee. All ordinary members are eligible for co-option to the Committee. All members of the Executive Committee will retire each year and their positions opened to election: all members of the Executive Committee being eligible for re-election.

3. The day-to-day running of the Society's affairs will be under the control of the Secretary, who will be responsible for keeping detailed membership records.

4. Applications for membership should be forwarded to the Secretary for consideration by the Committee.

5. Any member may resign from the Society by giving one month's notice in writing to the Secretary and shall upon the date of such notice cease to be entitled to the benefits of membership but shall, however, remain liable for any unpaid subscriptions or other dues.

6. The Executive Committee has the power to terminate the membership of any member. A member whose membership has been terminated under this rule will be refunded a proportion of his/her subscription.

7. The annual subscription will be £18: this sum is determined at each A.G.M for the membership year commencing January 1st, and must be paid before August 31st. Life membership is available to members at a rate of fifteen times the current subscription to the Society. Members wishing to pay their subscription or for their auction purchases in US dollars may do so through the Society's agent in California.

8. Meetings of the Society will be arranged by the Executive Committee. Fourteen days notice of the date of a meeting shall be given, and one month's notice of the date of the Annual General Meeting, such notice to be accompanied by an agenda of the meeting.

9. Members have the right to receive publications of the Society free, or at privileged rates, as circumstances permit. All members will receive free one copy of every issue of Fit-Italia.

10. The financial year of the Society runs from 1st September to 31st August.

11. No alteration shall be made to these rules except at an Annual General Meeting, or at an Extraordinary General Meeting called for that purpose.

12. The Executive Committee, while holding itself liable for the safe-keeping of the Society's assets, and for the proper discharge of the Society's affairs, will not, under any circumstances, be liable for the misdemeanors of any individual member or members.

This is a shortened and simplified version or the
rules. A full version is available from the Secretary.