INTERNATIONAL YOGA SPORTS FEDERATION
STATUTES REVISED JUNE 8, 2013
The International Yoga Sports Federation (“IYSF”) has been constituted on April 29, 2013, as a non-profit Association under Swiss law with its seat in Lausanne. These Statutes have been adopted on April 29, 2013 and amended during the Congress held on June 8, 2013.
Agenda – means the Agenda of the Plenary Assembly, as specified in Article 20. Anti-Doping Commission – means the Commission appointed by the Management Committee, whose composition is stipulated in the Anti-doping Rules of the IYSF. Athletes’ Commission – means the Commission provided for in Article 41, whose composition is stipulated in the IYSF Athletes representation regulation. Continental Councils – means the Continental entities the formation of which has to be allowed by the Plenary Assembly in accordance with Article 36. Disciplinary Commission – means the Commission appointed by the Management Committee, whose composition is stipulated in the Disciplinary Rules of the IYSF. Executive board – means the Executive Board defined in Article 30. IYSF Rules and Regulations – means the IYSF Statutes, the By Laws, the Sporting Rules, the Disciplinary Rules for the IYSF, the Anti-Doping rules for the IYSF, the IYSF Athletes representation regulation and any other rules and regulations adopted by IYSF (including all decisions of the Plenary Assembly and the Executive Board respectively). Management Committee – means the IYSF Committee appointed in accordance with and consisting as stated in Article 24. Members – means Associations admitted by the Plenary Assembly or the Management Committee in accordance with Article 6. Officials – means the definition provided in Article 3 of these Statutes. Plenary Assembly – means the General Assembly of the IYSF provided for in Article 14. President – means the President of the IYSF elected as described in Article 25. Statutes – means all provisions contained in this document, which have been duly approved, together with any addendums and/or appendices which may complete amend or substitute for this document. The preamble constitutes an integral part hereof. These statutes replace the previous statutes. Technical Commissions – means the Commissions appointed by the Management Committee in accordance with Article 37. Vice-President(s) – means the Vice-President(s) of the IYSF elected as described in Article 25. Whenever the fact or context so requires in order to give effect to the IYSF Statutes and Rules, words in the singular shall include the plural, words in the plural shall include the singular, words of the masculine, feminine or neuter gender shall include any gender, except in the specification of a competition being for male or female competitors; and correction of any manifestly clerical errors shall be made.
II. LEGAL STATUS, HEADQUARTERS AND LANGUAGE
The International Yoga Sports Federation, abbreviated in all languages IYSF, is the world governing body for all matters concerning yoga asana competitions. IYSF is a legal entity with legal personality responsible for all aspects of yoga asana competition, in accordance with the present Statutes. The IYSF is a non-governmental international association with a non-profit-making purpose of international interest founded for an unlimited period of time and governed by Art. 60 ff. of the Swiss Civil Code and the present Statutes. The IYSF has its legal seat in Lausanne, Switzerland. The headquarters and the secretariat of the IYSF may be located in a country other than Switzerland, upon the decision of the Management Committee.
The official language of the IYSF is English.
III. OBJECTIVES AND PRINCIPLES
All activities of the IYSF are independent of any political or governmental influence. The IYSF does not allow any discrimination on the grounds of race, religion, gender or political opinion. The IYSF promotes and support with all means gender equality in its activities. As world governing body for all matters concerning yoga asana competitions, the principal purposes of IYSF are the regulation, promotion, development, supervision and furtherance of this sport on a worldwide basis. It fosters sporting links and friendly relations among its members and their competitors and officials. References in these Statutes to “officials” shall also include judges, referees, and anyone else acting in an official capacity for or on behalf of IYSF. The IYSF is furthermore responsible for and undertakes:
- to encourage, promote, develop and supervise yoga asana competitions worldwide;
- to generally promote this sport as a healthy and educational activity for youth;
- to establish and maintain necessary Rules and Regulations to organize and participate in international competitions;
- to decide which international yoga asana competitions are officially recognized and to establish annual International Events calendars
- to establish training courses for IYSF officials in order to guarantee the highest possible standards for IYSF officials;
- where appropriate, to encourage the formation of continental or regional organisations to promote yoga asana competitions.
- to award licenses and contracts to members and other organisations that seek authorization to organize official international competitions and associated activities;
- to promote and control good sporting practice;
- to respect gender equality at all levels, in its competition and management, allowing women and men to have the same opportunities;
- to promote the equality of rewards, prizes and prize money
- to safeguard the rights and health of the athletes and to combat doping and all other processes and procedures that might undermine sporting equality; to ensure the Olympic Movement Medical Code and the World Anti-Doping Code are applied.
- to respect the Olympic Charter and to develop the sport towards possible programme status in the Olympic Games;
- to serve as the final body for protest and other legal questions concerning yoga asana competitions and for all questions concerning the IYSF rules, subject to an appeal to the Court of Arbitration for Sport (CAS);
- to consider the protection of the environment when organising and promoting its activities;
- to ensure/ provide the promotion in the media of the discipline and the international competitions in the IYSF calendar; and
- to seek actively and provide income for the proper functioning of the sport.
All rights in IYSF competitions belong exclusively to IYSF. IYSF alone shall have the right to organise or to authorize others to organize World, International or Continental yoga asana competitions. The words “World”, “Continental” “International” or “IYSF” shall not be used in connection with any yoga asana international events, including “Masters events” without the explicit consent of IYSF.
IV . MEMBERSHIP
Membership in the IYSF is open to national associations actively involved in yoga asana competitions and recognized as such by the highest sports authorities of their countries. The following categories of members are available: 1. MEMBERS of the IYSF will be Associations that act as the national representatives of yoga asana competition in their countries. a) Only one association from each country can be affiliated as a full member of the IYSF. b) The admission fee for members is fixed by the Management Committee. 2. ASSOCIATE MEMBERS of the IYSF will be Associations who are affiliated with the sport of yoga asana competition but do not represent the sport of yoga asana competition in their country in the IYSF. These organizations may be admitted by the Plenary Assembly. a) Associate member admission fee is fixed by the Management Committee. b) Associate members are entitled to organize IYSF approved events, provided they are approved by the relevant IYSF Member. c) Associate members are also entitled to propose members for all IYSF Commissions, provided they are approved by the relevant IYSF Member for the country where the proposed IYSF Commission member is a citizen.
Applicant Associations shall submit all required information in the official language and in the format required by the Management Committee, notably:
- The Applicant Association’s official address and contact details;
- A copy of the Applicant Association’s current Statutes, Rules and Regulations;
- A list of the Applicant Association’s main officers;
- A list of the Applicant Association’s active membership (i.e. number of clubs,athletes, coaches, officials affiliated to the Applicant Association);
- A formal undertaking by the Applicant Association to observe and comply with the IYSF Rules and Statutes, notably article 8, the World Anti-Doping Code and the anti-doping rules of the IYSF as well as the jurisdiction and decisions of theCAS;
- The Continental Council that the Applicant Association proposes to join: and
- The payment of the appropriate membership fee.
An Applicant Association may be accepted as a temporary member of the IYSF by the Management Committee. To become final, the Plenary Assembly must ratify the Management Committee’s decision.As a condition of admission, the Applicant Association automatically accepts the Statutes, Rules and Regulations if the membership is granted.
RIGHTS OF MEMBERS
Each Member has the right:
- to take part in the Plenary Assembly, to make proposals to the Plenary Assembly and the Management Committee, and to vote;
- to appeal and to be consulted in all matters specifically concerning the Member;
- to enter its athletes in all competitions approved by the IYSF, in accordance with theentry rules for these competitions;
- to organise international competitions approved by the IYSF; and
- to examine the content of all contracts made by the IYSF which concern theinterests of the Member directly or which put them under obligations.
Each Associate Member has the right:
- to take part in the Plenary Assembly, to make proposals to the Plenary Assembly and the Management Committee;
- to appeal and to be consulted in all matters specifically concerning the Associate Member;
- to organise international competitions approved by the IYSF, provided they are approved by the relevant IYSF Member; and
- to examine the content of all contracts made by the IYSF which concern the interests of the Associate Member directly or which put them under obligations.
OBLIGATIONS OF MEMBERS
All Members should be members of their National Olympic Committee or actively seeking such membership. All Members and Associate Members shall comply with:
- the Statutes and Regulations of the IYSF
- any resolutions adopted by the IYSF
- the payment of their membership fees as fixed by the Plenary Assembly
- the respect of the World Anti-Doping Code and the anti-doping rules of the IYSF
- the respect of gender equality in the political and sport acts of their association
All Members and Associate Members will undertake to request the same of their individual members participating in activities of the IYSF. In particular, they will prohibit any athlete to participate in competitions not organised or approved by the IYSF and/or by the Member or Associate Member, unless explicitly authorised to by IYSF or by the Member or by the Associate Member. The Member or Associate Member shall impose appropriate sanctions on athletes violating such prohibition.All Members and Associate Members agree to respect each other’s mutual autonomy and shall in no way harm the development of other Members.
Any Members or Associate Members wishing to terminate membership shall inform the IYSF Office in writing before the end of May of that year. Fees for the current year remain payable in full.
EXCLUSION OR SUSPENSION OF A MEMBER
The affiliation shall end automatically, but no refund of fees will be made, if:
- A Member or an Associate Member withdraws its affiliation in accordance with Article 9; or
- A Member or an Associate Member no longer exist
Any Member may be excluded from the IYSF by the Plenary Assembly:
- for non-payment of any liabilities to the IYSF;
- for serious infringement of these Statutes or other Regulations of the IYSF
- for any other reason considered as just cause by the Plenary Assembly.
This decision requires at least half of the members of IYSF having the right to vote to be present or represented. To be adopted, such items must receive the approval of two thirds of the votes cast. Re-entry into the IYSF is only possible if the Member or Associate Member has fulfilled its financial and/or other obligations towards the IYSF. A Member or Associate Members which ends its membership has no claim against the funds of the IYSF.
Any Member may be suspended from the IYSF by the Plenary Assembly for any infringement of these Statutes or the IYSF Rules and Regulations or any decision taken by IYSF. The decision of suspension shall be taken by the Plenary Assembly by simple majority of the Members present and shall specify the duration of the suspension. The Management Committee may suspend a Member at any time with immediate effect for the reasons specified above. In such case, the decision issued by the Management Committee shall stay in full force and effect until the next Plenary Assembly, unless it expires before. Notwithstanding the foregoing, a Member may renounce to its right to have the Plenary Assembly deciding on its suspension by irrevocably accepting a decision of suspension imposed on him by the Management Committee. A suspended Member shall lose its membership rights for the duration of the suspension.
HONORARY MEMBERSHIP AND OTHER AWARDS
The Plenary Assembly may confer the title of Honorary President of the IYSF; as well as conferring the title of Honorary Member. Other awards may be conferred by the Management Committee.
V. ORGANISATIONAL STRUCTURE OF IYSF
The following bodies are established to govern and administer IYSF, each with separately defined powers and duties:
- Plenary Assembly
- Management Committee
- Executive Board
- Continental Councils
- Technical Commissions
- Anti-doping, Disciplinary and Appeals Commissions
- Athletes’ Commission
The Plenary Assembly is the highest body of the IYSF and has ultimate authority for all activities of the IYSF. The Plenary Assembly convenes every year. Organization of the Plenary Assembly shall be entrusted to one of its Members and/or Associate Members. The date and venue for the Assembly shall be decided by the Management Committee. The calling notice must be sent to all Members and Associate Members at least 3 weeks prior to the date set for the Assembly. The Management Committee may decide that a meeting of the Plenary Assembly be held by tele- or videoconference without a physical meeting of the delegates. The Management Committee may also authorize that some Members or Associate Members assist to the Plenary Assembly by tele- or video-conference. In such a case, appropriate measures shall be taken in order to (i) ensure that the debates can be followed by all delegates and to (ii) validate the votes by delegates participating by tele- or video- conference. The President, or a majority of the respective bodies concerned, may determine to hold meetings of the Management Committee, Executive Board, Continental Confederations and any Council by tele- or video-conference, though in such cases appropriate measures shall be taken in order to (i) ensure that the debates can be followed by all delegates and to (ii) validate the votes by delegates participating by tele- or video- conference.
POWERS OF THE PLENARY ASSEMBLY
The Plenary Assembly has the following duties and powers:
- to elect the President and the Vice-Presidents of the IYSF;
- to validate the athletes’ representatives, one man and one woman, elected by theAthletes’ Commission, as members of the Management Committee
- to validate the representatives from the Continental Councils elected by the Councilsas members of the Management Committee
- to fix admission, membership and other fees;
- to approve the plans for future activities;
- to adopt and amend these Statutes,
- to decide the admission of new Member Associations of any kind on therecommendation of the Management Committee;
- to decide the suspension or exclusion of Members and Associate Members
- to approve the Minutes of meetings;
- to receive, discuss and approve the report of the Management Committee;
- to review and approve the annual accounts;
- to give discharge to the Treasurer and to the other members of the Management Committee;
- to approve the budget;
Each Member of the IYSF has one vote. Associate Members have no voting rights.
At any Plenary Assembly, each Member shall be represented by one delegate who may be assisted by one or two advisors at most. A Member that has not paid its dues in full prior to the Plenary Assembly is not entitled to vote. Any Member having voting rights may be represented by the delegate of another Member being duly entitled to vote by means of a written proxy. Any such written proxy shall be presented to the chair of the Plenary prior to the commencement of the Plenary Assembly, and shall be in a form acceptable to the chair. One delegate may not represent more than two other Members at the same time.
Changes and amendments of these Statutes, exclusions of Members or Associate Members and may only be considered if at least half of the Members of IYSF having the right to vote are present or represented. To be adopted, such items must receive the approval of two thirds of the votes cast. For all other decisions of the Plenary Assembly, except for the dissolution of IYSF (see art. 44) there is no quorum. Decisions are taken by a majority of the votes cast.
TAKING OF DECISIONS
Voting at the Plenary Assembly is conducted by show of hands. Upon the request of any delegate entitled to vote, supported by at least a simple majority of delegates, any vote must be taken by secret written ballot. Elections shall always be decided by secret written ballot.
AGENDA AND THE RIGHT TO INTRODUCE PROPOSALS
The following items shall be included in the Agenda of the Plenary Assembly
- Opening of the General Assembly;
- Approval or amendment of the Agenda
- Admission of new Members (if applicable);
- Confirmation of the register of delegates and votes;
- Validation of the minutes of the previous Assembly;
- Report by the Board about the activities during the time since the last GeneralAssembly;
- Financial Report;
- Provisional budget and accounts as well as their approbation;
- Discharge of the Board;
- Election of the Management Committee (if applicable)
- Update of the list of IYSF Events; and
- Closing of the General Assembly
Items for inclusion in the Agenda of any Plenary Assembly may be presented by:
- the Management Committee
- any three Members
Items presented by IYSF Members are to be sent both by registered letter and by email to the IYSF Management Committee at least six weeks before the Plenary Assembly. Associate Members are entitled to speak, but not to present motions to the Plenary Assembly or submit Agenda items, in accordance to the relevant regulations.
The full Agenda of a Plenary Assembly shall be sent to all Members of IYSF at least 2 weeks before the Plenary Assembly. Upon affirmative vote of no less than 2/3 of the Members being present and having voting rights, the Plenary Assembly itself may add items to the Agenda of any meeting.
EXTRAORDINARY PLENARY ASSEMBLY
The Management Committee may at any time call an extraordinary Plenary Assembly. At the written request of one fifth of the Members entitled to vote, the Management Committee shall convene an extraordinary Plenary Assembly within three (3) months of receipt of such request. A notice shall be circulated to the Members and Associate Members no later than two (2) weeks before the date of the Extraordinary Plenary Assembly. The request must be substantiated and accompanied by a proposal for the Agenda.
The Management Committee of IYSF consists of a minimum of three officers and a maximum of eleven officers, as follows:
- President of IYSF;
- The Vice-President(s) of IYSF (up to three Vice-Presidents); and
- Secretary General of IYSF.
The following individuals may also be appointed at the Management Committee upon validation by the Plenary Assembly
- One representative from each of the Continental Councils (for a total of four representatives) to the extent Continental Councils are permitted, formed, or recognized as set forth herein;
- One representative Male from the Athletes’ Commission; and
- One representative Female from the Athletes’ Commission.
The President and Vice President(s) are elected by the Plenary Assembly; the members from the Councils and the Athletes’’ Commissions are elected by their respective Councils and Commissions and validated by the Plenary Assembly. Nominations for candidates to the post of President or Vice-President(s) shall be made by the Member Association of the country of which they are citizens. Nominations must be received in writing by the General Secretary of IYSF, together with information about each candidate (CV, recommendations, etc.) at least two months before the date of the Plenary Assembly at which the elections are to take place. Information about the candidates shall be distributed to Members and Associate Members together with the Agenda of the Plenary Assembly. Except for the Secretary General, the members of the Management Committee are elected for a term of four years. The President can be re-elected only for three consecutive mandates. The Members of the Management Committee other than the President can be re-elected only for four consecutive mandates. No member of the Management Committee, irrespective of title, can serve more than five (consecutive or not) mandates in the Management Committee, even if such member serves in different positions. If a representative of a Council or Commission ceases to be a member of such Council or Commission, he shall also automatically cease to be a member of the Management Committee. A replacement will be elected by the respective Commission or Council and validated by the next Plenary Assembly for the remaining of the ordinary four-year term. In case of resignation or inability of the President or a Vice-President, a replacement will be elected at the next Plenary Assembly for the remaining of the ordinary four-year term. The Secretary General is an ex officio member of the Management Committee
The Management Committee is responsible for directing the activities of IYSF and implementing all the policy, directives and decisions made by the Plenary Assembly. This responsibility includes in particular:
- to assign to the Vice-President(s) the following functions:
- Sports and Events Responsible
- Media and Communications Responsible;
- to prepare the agenda of the Plenary Assembly meetings;
- to prepare the annual accounts (consisting of the profit and loss statement and thebalance sheet), under the supervision of the Treasurer;
- If needed, to appoint an external accountant to keep IYSF’s accounting, under thesupervision of the Treasurer, as well as an outside counsel;
- to make recommendations to the Plenary Assembly about:
- the long-term strategies of the IYSF;
- the admission, suspension and exclusion of Members or Associate Members;
- to consider the recommendations concerning changes to the technical rules withintheir purview of the Technical Commissions;
- to set up the calendar of IYSF approved competitions and to coordinate schedules ofInternational and Continental competitions;
- to recommend any proposal of changes of the IYSF Statutes;
- to adopt and amend the IYSF Rules and Regulations;
- to decide on membership issues between Plenary Assembly meetings;
- to decide the official means of information of the IYSF;
- to publish the minutes of the meetings on the IYSF website;
- to review the tasks entrusted to or undertaken by the Executive Board.
- to approve the IYSF logo, and other items of image and identity;
- to validate the athletes’ representative, one man or one woman, elected by theAthletes’ Commission, as member of the Technical Commission;
- to elect the members of the Disciplinary Commission, whose composition isstipulated in the Disciplinary Rules of the IYSF;
- to elect the members of the Anti-doping Commission, whose composition isstipulated in the Anti-doping Rules of the IYSF; and
- to decide all matters which no other body is competent to decide upon and which donot fall under the mandatory or statutory competence of the Plenary Assembly;
The Management Committee will meet at least twice every year, upon the Executive Board’s call. The organisation of its meetings shall be entrusted alternately to one of the member associations being represented in the Management Committee. The Management Committee will meet also upon the request of the majority of its members.
The Agenda for the Management Committee meetings is prepared by the Executive Board. However, any member of the Management Committee is entitled to present proposals for the Agenda. Such proposals must be submitted, with relevant documentation, at least one month before the date set for any Management Committee meeting. The Agenda shall be sent by the Executive Board to the Management Committee members at least two weeks prior to the meeting date.
Every member of the Management Committee has one vote. In case of a tie, the President has the casting vote. All decisions of the Management Committee are taken by majority of the members present, and no voting rights may be exercised by proxy. The quorum of the Management Committee consists of a majority of its members.
THE EXECUTIVE BOARD
The Executive Board of the IYSF shall consist of the following officers:
- President of IYSF;
- The Vice-President(s) of IYSF; and
- Secretary General of IYSF.
The Executive Board is responsible for ensuring the Management Committee’s directives are implemented in the day-to-day management of the IYSF’s operations. In particular, the Executive Board shall be responsible for the following:
- to call meetings of the Management Committee and to prepare the Agenda for such meetings;
- to decide the terms and conditions of contracts between the IYSF and organisers of IYSF approved competitions;
- to appoint, supervise and remove persons (employees) entrusted with the management of IYSF’s day-to-day operations, including appointment of the Secretary General of IYSF;
- to negotiate the terms and conditions of contracts to be concluded with third parties outside IYSF, and to authorize execution of such contracts. Strategic contracts exceeding USD 100,000 must be approved by the Executive Board;
- to prepare the invitations to tender for outsourcing (for example, media service, travel, etc.); and
- to take such other actions and sign such other agreements as may be necessary for the day-to-day operation or management of the IYSF as deemed necessary by the Executive Board, subject at all times to the ratification by Management Committee where appropriate.
The Executive Board will meet as often as necessary, upon the call of the President or the majority of the Executive Board’s members. The President shall chair the meeting. The Agenda for such meetings will be set by the party who calls the meeting and shall be distributed to the members of the Executive Board upon not less than 48 hours notice (such notice shall be unnecessary if waived by all members of the Executive Board).
Every member of the Executive Board has one vote. All decisions of the Executive Board are taken by majority of the members present, and no voting rights may be exercised by proxy. The quorum of the Executive Board consists of a majority of its members.
The President chairs all meetings of the Plenary Assembly, the Management Committee and the Executive Board. The President represents yoga asana competition in all important matters, especially those pertaining to the IOC and other International organisations. The President may, from time to time, delegate various aspects of IYSF management to other members of the Management Committee. The President, or a Board member designated by the President, is entitled to attend and participate in all Commission meetings, but without vote.
If the President is prevented from attending a meeting of the Management Committee or a Plenary Assembly, the Management Committee will appoint one of the Vice- Presidents to chair those meetings. In case of death or disability of the President, the 1st Vice-President shall assume the President’s duties until the next Plenary Assembly. Should the 1st Vice-President in turn be unable to fulfil his/her obligations, the Treasurer/2nd Vice-President, or if such person is unable to fulfil his/her obligations, the 3rd Vice President, or if such person is unable to fulfil his/her obligations, the member of the Management Committee who has served on the Management Committee the longest, shall assume his/her duties and convene an Extraordinary Plenary Assembly in order to elect appropriate replacements. In case of resignation or inability of the President to assume his duties, the Vice- Presidents, in accordance with their order of designation, shall assume the President’s duties until the next Plenary Assembly.
The Plenary Assembly may allow the formation of Continental Councils that are responsible for the administration, development and furtherance of yoga asana competition in the same continent or in a geographical entity. They comply with and enforce the rules and regulations of IYSF and co-operate with the IYSF Bodies. They organise continental championships and other competitions in their area under the supervision and approval of the IYSF. The Statutes and Regulations of Continental Councils must be submitted to the Management Committee for approval.
The Management Committee appoints Technical Commissions for specific tasks, deciding the number of members depending on the purpose of the Commission. The mandate of each Commission is reviewed by the Management Committee to determine its future validity and effectiveness, and the Management Committee may dissolve a Commission at its discretion. Members of these Commissions are proposed by Member associations and appointed by the Management Committee. Their membership expires no later than the end of the term of the Management Committee. Each Commission is directed by one of its members (Chairman), who is appointed by the Management Committee.
ANTI-DOPING COMMISSION AND APPEALS
The function of the Anti-Doping Commission is to ensure that the IYSF’s rules and activities comply with the World Anti-Doping Code. The Anti-Doping Commission assists to develop and implement an Anti-Doping Policy & Procedures according to the World Anti-Doping Agency (WADA). Decisions of the Anti-Doping Commission may only be appealed to the Court of Arbitration for Sport (in Lausanne, Switzerland). The procedure before the Court of Arbitration for Sport takes place according to its regulations. The award of the Court of Arbitration for Sport shall be final and binding, subject to an appeal to the Swiss Federal Tribunal Rules concerning this Commission are set out in a regulation made by the Plenary Assembly. It is composed of six members, who are elected by the Management Committee in each Anti-Doping case, the Commission consists of three members, chosen by its President, depending, amongst other, on the availability of the Members to sit in the particular case and of its independence toward the concerned athlete. .
DISCIPLINARY COMMISSION AND APPEALS
The function of the Disciplinary Commission is to investigate and take appropriate action following any complaint concerning breach of rules written in the Statutes and in all other IYSF regulations approved by the Plenary Assembly and the Management Committee IYSF (including the IYSF Anti-Doping Rules) or misconduct. Decisions of the Disciplinary Commission may only be appealed to the Court of Arbitration for Sport (in Lausanne, Switzerland). The procedure before the Court of Arbitration for Sport takes place according to its regulations. The decision of the Court of Arbitration for Sport will be final and binding, subject to an appeal to the Swiss Federal Tribunal. Rules concerning this Commission are set out in a regulation made by the Plenary Assembly. The Disciplinary Commission is composed of six members, who are appointed by the Management Committee.
Disputes arising under the IYSF Statutes or otherwise will be dealt with under the procedure and rules set out in a regulation made by the Plenary Assembly. The final determination of a dispute can only be appealed only to the Court of Arbitration for Sport (in Lausanne, Switzerland). The procedure before the Court of Arbitration for Sport takes place according to its regulations. The decision of the Court of Arbitration for Sport will be final and binding, subject to an appeal to the Swiss Federal Tribunal.
a) Organisation of Athletes’’ Commission: The Athletes’ Commission provides a permanent liaison between active athletes and the IYSF. A man representative and a woman representative are elected by the Athletes’ Commission and ratified by the Plenary Assembly as member of the Management Committee. The Athletes` Commission also nominates candidates to the Technical Commissions. Composition and functioning of the Athletes’ Commission are described in the relevant regulations as approved by the Plenary Assembly. b) Costs of the Athletes’ Commission: All travel and accommodation costs for each member of the Athletes’ Commission, except the member representing the Management Committee, shall be borne by his/her national Member Association. This only applies to work meetings. Costs relating to meetings for the international representation of the IYSF shall be borne by IYSF.
All funds or other property of the IYSF shall be applied to the furtherance of the objectives of the IYSF. The IYSF will finance its own activities through sources such as: a) Membership and subscription fees of its Members; b) The fees for the organization and for the authorization of competitions, awards, as well as competitor entry fees, and any other fees or profits deriving from official competitions; c) Any other sources that may be available (sponsorships, TV rights, donations, etc.).
The activities of all bodies of IYSF are conducted without remuneration of the individuals who serve thereon. The expenses of the Executive Board, the Management Committee and the Commissions are borne by the IYSF according to the present Statutes and to regulations of the Management Committee. Within approved budgets, the Plenary Assembly of the IYSF and the Management Committee are empowered to authorize payment of fees and expenses to individuals and/or organizations to provide specific professional service or advice.
The financial year of the IYSF shall annually run from 1 January until 31 December.
The Plenary Assembly of the IYSF shall receive and approve annual budgets detailing the forecast income from all sources and the proposed annual expenditure and shall establish and maintain financial accounting system and produce annual accounts. The Management Committee may decide to appoint an auditor, who may be the representative of a Member or an external auditor. The appointment of the auditor shall be validated by the Plenary Assembly.
Only the assets of the IYSF can be used to settle IYSF liabilities and obligations. Member associations of the IYSF are not personally liable for the debts and obligations of the IYSF. No funds or other property of IYSF shall be paid to, or distributed among, the Members Associations of the IYSF.
The basic currency for annual accounting purposes will be the US Dollar.
The President of IYSF shall represent IYSF vis-à-vis third parties The Executive Board may grant powers of signature to other individuals and shall decide the limits within which such powers may be exercised.
VIII.DISSOLUTION OF IYSF
A three quarter majority of the IYSF members may propose the dissolution of the IYSF. The dissolution becomes effective on approval of the proposal by a three quarter majority at the Plenary Assembly, providing that at least two thirds of the members entitled to vote are present or represented at the Plenary Assembly. The disposal of the assets of the IYSF shall be decided by the Plenary Assembly dissolving the IYSF and shall be in keeping with the aims of the IYSF and transferred to a tax exempt Swiss legal entity.