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Proposed Amendments to the PSM By-Laws
Article XII – Meeting, Section 2 and Article XVI – Fiscal Year, Section 1
(For implementation in 2015)
Rationale:
Recently, major universities in the country approved the proposal to shift the beginning of the academic calendar from June to August, effective AY 2014-2015. The new First Semester schedule is August to December and the Second Semester schedule is now, January to May. In view of this, the schedule of the PSM Annual Convention has to be adjusted in order to reach a good number of attendees from academic institutions. Likewise, the PSM fiscal year has to be changed in accordance to this new schedule.
Proposal:
PRESENT BY-LAWS | PROPOSED AMENDMENT |
Article XII – Meeting Section 2. The Annual Convention shall be held every second Thursday in May of each year at a place chosen by the Board of Directors. Article XVI – Fiscal Year Section 1. The fiscal year starts on June 1 and ends on May 31 of the following year. | Article XII – Meeting Section 2. The Annual Convention shall be held every second Thursday in July of each year at a place chosen by the Board of Directors. Article XVI – Fiscal Year Section 1. The fiscal year starts on August 1 and ends on July 31 of the following year. |