The Committee shall be responsible for the following:

• To continuously review the financial position of the OCM and to report thereon to the Executive Board and the Council as necessary from time to time;
• To make recommendations as and when necessary, for the approval of the Executive Council relating to subscription and others fees;
• To take responsibility for the sound investment of OCM’s liquid assets;
• To review the Auditors Report and Statements Accounts (Quarterly and Annual) and make recommendations thereon to the Executive Board and the Executive Council;
• To prepare the budget of the OCM and submit it to the Executive Board for approval;
• To keep record of the movable and immovable assets of the OCM which shall show their value and to adjust this value from time to time to allow for depreciation;
• To make recommendations as and when necessary, for the approval of the Executive Board for the procedure to be followed in conducting the financial affairs of the OCM.