Section 15 of TUA, 1926 : Section 15: Objects On Which General Funds May Be Spent

Explanation using Example

Example Application:

Imagine a scenario where a registered Trade Union, 'XYZ Workers' Union', is deciding on its annual budget and the activities it will fund. The treasurer of the Union consults Section 15 of The Trade Unions Act, 1926, to ensure that the allocations are lawful.

• They set aside funds to cover the salaries and travel expenses of their office-bearers.
• A portion of the budget is allocated for administrative expenses, including the cost of auditing the Union's accounts.
• The Union also reserves funds to cover legal costs for any member ...

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