26.    NOMADS ANDREW MENTIS ENDOWMENT FUND

        26.1    There shall be constituted a Committee to be known as the Nomads Andrew Mentis Endowment Committee
                    and which shall comprise a Chairman, nominated and appointed annually at the meeting of the National
                    Council.

        26.2    Each Member Club, in existence at 1st April in any year, shall hold an annual tournament which will be
                    known as the Nomads Andrew Mentis Endowment Tournament.

        26.3    Subject to all the necessary formalities relating to the acceptance of the proposed beneficiary(s) and the
                    project(s) for which funds are being raised having been approved by the National Council such tournament
                    may be held, annually, at any time during the period between the National Tournament and that Club's Gold
                    Cup Day.

        26.4    The net proceeds raised by each Member Club as a result of such tournament shall be donated by such
                    Club to a charity or charities approved by the National Council at its annual meeting in that year.

        26.5    Each Member Club shall be entitled to canvass for donations by seeking sponsorship of golf tees and golf
                    greens on the day of the tournament, by running ancillary competitions or otherwise in a manner not
                    disallowed by the National Council.

        26.6    The Vice-Captain of each Member club shall be responsible for the conduct of the tournament and the
                    raising of funds and he shall be entitled to form a sub-committee for that purpose. All decisions taken will
                    be by a majority vote of the members of such sub-committee but in the event of an equality of votes, the
                    Vice-Captain shall have a second or casting vote and such decision shall be binding upon all Members.

        26.7    The Vice-Captain of each Member Club shall as soon as possible after the conclusion of the tournament
                    submit an income and expenditure statement certified by him as being correct, to the Nomads Andrew
                    Mentis Endowment Committee and shall retain the excess of such funds in an account with a recognised
                    Commercial Bank or Building Society. Such statement shall in any event be forwarded to the said
                    Committee to be received by it not later than 15th January following upon such tournament. 

        26.8    The Vice-Captain of each Member Club shall submit a written report to the Nomads Andrew Mentis
                    Endowment Committee stating the methods employed in the raising of funds, the use to which the net
                    proceeds of the tournament were put, the publicity accorded to the tournament and a short résumé on the
                    conduct of the tournament. Such report shall be received by the said Committee by not later than 15th
                    January following on such tournament who shall circularise copies thereof to the Members of the National
                    Management Committee for consideration at the next ensuing meeting of the National Management
                    Committee.

        26.9    Upon receipt of all income and expenditure statements, the National Treasurer shall compile a financial
                    report and financial account in respect of all tournaments held for submission to the next ensuing meeting of
                    the National Management Committee and the Chairman of the Nomads Andrew Mentis Endowment
                    Committee shall submit a written report to the next ensuing meeting of the National Management
                    Committee.