Amateur Winemakers of Canada
AWC Funds:
Sources and Uses



AWC has two accounts: OPERATING ACCOUNT and COMPETITION ACCOUNT

1.             OPERATING ACCOUNT.

Affiliation fees are payable annually by each Province. These funds are used for postage, telephone, stationery, printing costs and other day to day expenses of running AWC.

The Treasurer should, at the start of the new fiscal year [January 1st.] remind the Directors of each Member Province of the amount due.

2.             COMPETITION ACCOUNT.

If the Host Province requests, and has been given financial assistance [a repayable loan to a maximum of $200] from AWC to hold the National Competition, then the resulting profit or losses must be split 50/50, except that the AWC will not be responsible for losses greater than the amount of the loan.

If no loan has been granted, profits need not necessarily be shared nor losses covered.


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