The Robotics Society of Japan
Regulations for the Budget and Settlement

Enacted on November 29, 1991 by the Board of Directors
Revised on December 17, 1999 by the Board of Directors
Revised on July 12, 2000 by the Board of Directors

(Purpose)

Article 1   These Regulations shall stipulate the procedures for the preparation and approval of the budget of balance and settlement of balance necessary for the operation of the business of this Society in accordance with Articles 34, 35 and 38 of the Articles of Incorporation of this Society.

(Application)

Article 2   These Regulations shall apply to the following budget and settlement of the activities of this Society:
1. The annual budget and settlement of this Society; and
2. The budget and settlement of each committee (including temporary committees such as the executive committee).

(Classification of Accounting)

Article 3   Accounting shall include general accounting and special accounting and special accounting shall be introduced when it is necessary for the operation of business.

(Annual Budget)

Article 4   The annual budget of this Society shall be prepared in accordance with the following procedures:

1. The President shall organize the annual budget based on the budget request from each Director in charge and shall submit such budget to the Board of Directors in December every year and obtain approval.

2. The annual budget shall be approved by the resolution of the General Meeting.

(Budget of Committees)
Article 5   The annual budget of each committee shall be prepared in accordance with the following procedures:

1. The committee chairman of a permanent committee shall organize the committee budget in January every year based on the annual budget and shall submit such budget to the Board of Directors and obtain approval.

2. The committee chairman of a temporary committee shall organize the committee budget after the formation of such temporary committee and shall submit such budget to the Board of Directors and obtain approval.

(Annual Settlement)
Article 6   The annual settlement of this Society shall be approved in accordance with the following procedures:

1. The President shall prepare the annual settlement, shall submit such settlement with the opinion of the Auditors to the Board of Directors in February every year and shall obtain approval.

2. The annual settlement shall be approved by the resolution of the General Meeting.

(Settlement of Committees)

Article 7   The annual settlement of each committee shall be approved in accordance with the following procedures:

1. The committee chairman of a permanent committee shall submit the committee settlement to the Board of Directors in January every year and obtain approval.

2. The committee chairman of a temporary committee shall submit the accounting report to the Board of Directors within two (2) months after the expiration of the duration period of such temporary committee and obtain approval.

(Person in Charge of Accounting)
Article 8   The President shall be in charge of accounting. However, if deemed necessary by the President, another person in charge of accounting may be appointed.

Supplementary Provisions

1. These Regulations shall be implemented from November 29, 1991.
2. These Regulations shall be revised and implemented from December 17, 1999.
3. These Regulations shall be revised and implemented from July 12, 2000.