Change of membership contribution: a new financial year

26 August 2005

As already mentioned in different previous messages, we are in the middle of the transition of our Association to a new EFA under Belgian law. This has some exceptional implications with regard to your membership contribution, as we informed you already in the letter from 15 August 2005: • Up till now, the financial year of EFA was covering the period August 1 till July 31. In the new EFA, the financial year will cover the period January 1 till December 31, being a normal calendar year; situation which will be active as from January 1, 2006. • The last membership contribution 2004-2005 covered your membership until July 31, 2005. For the last 5 months of the year 2005 (August 1, 2005 – December 31, 2005), the invoice entitled "Membership 2005" has been sent to you. It is calculated a ratio of 5/12 of the normal membership fee. • The membership 2006, which will cover the whole calendar year 2006 (January 1, 2006 – December 31, 2006), will be invoiced in the first weeks of 2006 at the usual yearly membership fee. For any questions concerning this matter, please do not hesitate to contact us!