The Farmers Association Act Article 38

The funds of a Farmers’ Association shall consist of the following:1.Membership admission fees: A one-time fee paid by members upon joining, the standards for which shall be determined by a resolution of the General Assembly of Members (Representatives) and submitted to the competent authority for approval.2.Annual membership dues: Paid annually by members in accordance with standards determined by a resolution of the General Assembly of Members (Representatives) and submitted to the competent authority for approval. However, lower-level Farmers’ Associations shall allocate 20% of their income from annual membership dues to their superior Farmers’ Association.3.Business funds: Limited to use for conducting various types of business. The method(s) of raising such funds shall be approved by the General Assembly of Members (Representatives) and reported to the competent authority for recordation.4.Agricultural extension fund-raising income: Limited to exclusive use for agricultural extension activities, and required to be reported to the competent authority for recordation.5.Agricultural financial institutions: A portion of the net annual profits of agricultural financial institutions shall be allocated to fund the guidance and extension activities of Farmers’ Associations at all levels, and this portion shall not be less than ten percent.6.Government subsidies: The central and local government budgets shall allocate funds to subsidize the agricultural extension activities of Farmers’ Associations.7.Surpluses from various Farmers’ Association business operations and income from government-entrusted activities: These shall be handled in accordance with the profit and loss accounts of the Farmer’s Association’s business operations.8.Other revenues.