Financial Processing Standards for Labor Unions Article 25

Businesses created by a labor union in accordance with Item 9 of Article 5 of the Act shall set up their own accounting books and shall be operated independently. Provided that, the surplus or deficit of such businesses at year end, unless otherwise specified by other sttatutes or designated by the resolution of the members or member representatives meeting, shall be consolidated into the annual revenue or expenditure of the labor union for its general operation.