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Miemb:
bolsas (in this context)

Glossary entry

Spanish term or phrase:

Se someterá a la voluntad de sus asociados (in this context)

English translation:

will be submitted to the members for their review

Added to glossary by Eileen Brophy
Jul 7, 2020 20:33
3 yrs ago
35 viewers *
Spanish term

Se someterá a la voluntad de sus asociados (in this context)

Spanish to English Law/Patents Art, Arts & Crafts, Painting General Assembly
This is the context: Se someterá a la voluntad de sus asociados las cuentas y el informe de gestión de 2019,
modificaciones estatutarias solicitadas por el Ministerio de Cultura y cambios reglamentarios
requeridos por CISAC

I don't understand how members can take decisions on reports, changes, etc from 2019, because I imagine that
such decisions will already have been taken. So how can I translate the above please?

Thank you for your help.
Proposed translations (English)
4 +3 will be submitted to the members for their review
3 +3 Will be presented to the members for their perusal
4 Its members will discuss/deliberate
3 It will be submitted to the authority for member or associates' approval
References
Sugerencia

Discussion

Eileen Brophy (asker) Jul 8, 2020:
AllegroTrans It is a General Assembly of all music writers and producers they are members not shareholders, because it is an entity, not a company.
AllegroTrans Jul 8, 2020:
Also Eileen You say "General Assembly" - that is very literal; consider whether it's a "General Meeting" (of the shareholders?)
Muriel Vasconcellos Jul 8, 2020:
Reason for the review As noted in my answer, when financial records are made available to members of an association, there is a duty to review them for oversight of the entity's affairs. Future action can be taken to reduce excessive expenditures, delinquencies, fraud, and the like.
There's a difference between a board of directors and the general members of the association. Depending on the situation, the board of directors **may or may not** be expected to approve them. On my board, we approve some and not others, but we have a **duty to review** all of them. Annual reports are then sent to all members of the association. Again, all members have a **duty to review** them for the reasons I mentioned - though most of them don't bother.
Eileen Brophy (asker) Jul 7, 2020:
No problems Carol, I understand now, thank you, I agree it is getting late and I am an hour ahead of you!! Sweet dreams.
Carol Gullidge Jul 7, 2020:
Sorry, I obviously didn't make that very clear! you're not voting on any actions to be taken (at this point), except to approve the minutes i.e., to agree that these are a correct record of what has been minuted - i.e., the report on the activities over the previous year (usually). In particular in this case (the AGM), it is the Financial Report on the accounts of the year, i.e., a summary of the financial activities already carried out. I'm afraid the other members rather have to take accept that the finances have been correctly recorded by the Chair (or Secretary) of the Finance committee. In any case, they will also be subjected to an official audit by a firm of accountants, so, again, no economic decisions by anyone other than Finance Committee members.
Think I'd better stop there, before getting any more involved, and besides it's getting late!
Hope that's a bit clearer though!
Eileen Brophy (asker) Jul 7, 2020:
@Carol Gullidge This is the first time that members are allowed to vote on any decisions of this entity and I would have thought that members who were not allowed to vote on any decisions taken in the past could hardly decide on economic decisions made in the past
Carol Gullidge Jul 7, 2020:
@Eileen this reminds me very much of the AGMs of a Board of School Governors that I served on for many years. At the AGM, the Financial Report, along with reports from the other Committees, were presented to the other Board members.
The point is that the Financial and other reports being presented were summaries of the Accounts, as well as the achievements of all the other Committees, throughout the PAST year. They were being presented for the APPROVAL of those members present, and signed by the Chair. Occasionally, modifications to the minutes would be suggested and these also had to be noted and approved before duly being agreed and signed.
Whether or not there is any comparison between this question and our AGMs, I would still imagine that it is the minutes of the previous meeting and the accounts of the financial year just ending that are being presented for consideration and approval in this case, rather than decisions on future actions to be taken.

Proposed translations

+3
3 hrs
Selected

will be submitted to the members for their review

I realize that this is similar to Oliver's answer, but "review" is the operative word here. I am on a board of directors; we **review** the financial accounts. This is the law that applies to our board:

**Duty to Review Finances** - Davis-Stirling.comwww.davis-stirling.com › HOME › Duty-to-Review-Fin...
Every member of the board reviews the monthly documents and statements ... **Directors should review financial statements critically** and ask questions whenever ...

https://www.davis-stirling.com/HOME/Duty-to-Review-Finances
"Review Defined. 'Review" can be interpreted by its ordinary meaning, “to go over and examine critically or deliberately.” (Websters Dictionary.) Directors should review financial statements critically and ask questions whenever something looks amiss or does not make sense. For example, if the check register shows checks issued to a roofer but no roof work has been authorized, the board should investigate. Embezzlement may be occurring.'"
Peer comment(s):
agree Rebecca Reddin
9 hrs
Thank you, Rebecca!
agree AllegroTrans
13 hrs
Thank you!
agree Beatriz Ramírez de Haro
22 hrs
Thank you, Beatriz!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you for your help"
+3
7 mins

Will be presented to the members for their perusal

and consideration/ acceptance; I think that's what they mean.
Peer comment(s):
agree Beatriz Ramírez de Haro
51 mins
thanks
agree Carol Gullidge : consideration/perusal and approval
1 hr
thanks
agree AllegroTrans : for their consideration (they will be required to vote and approve, not merely peruse)
16 hrs
thanks, yes, voting comes afterwards
Something went wrong...
7 mins

Its members will discuss/deliberate

Members/partners (whatever they may be) are generally required to examine and approve or reject the accounts and reports submitted to them by the executive officers and accountants at such meetings.
As "se someterá a la voluntad" refers to all the items following, I'd translate it as "discuss" or "deliberate" those matters.
Peer comment(s):
neutral AllegroTrans : This of course is correct but I think the notion of "will be submitted" needs to be in the translation
16 hrs
Thanks, Chris, but I'm not omitting anything that's not implicit with this active phrasing.
Something went wrong...
5 hrs

It will be submitted to the authority for member or associates' approval

www.thefreedictionary.com
"Voluntad es la facultad humana para elegir o rechazar, tomar decisiones o actuar de una manera determinada. La voluntad es la intención o deseo de hacer una cosa que supone un esfuerzo. Es un mandato (términos de referencia de un orden de alguien). Es autorización o aprobación dada por una persona para que se haga algo. La buena voluntad es buena disposición para hacer las cosas con agrado e interés. Mala voluntad es antipatía hacia alguien."
"Will is the human capacity to choose or reject, make decisions, or act in a determined way. Will is the intention or wish (desire) to do something which requires an effort. It involves a person's mandate (terms of reference of a person's order or command). Will implies authority or approval given by a person to make something be done. It may have an inclination or affection towards something or someone. Good will is is a good arrangement, disposition or willingness to do things agreeably and with interest. Bad will is antipathy (dislike or aversion) towards another person."
Example sentence:

Se someterá a la voluntad de sus asociados las cuentas y el informe de gestión, modificaciones estatuarias solicitadas por el Ministerio de Cultura y cambios reglamentarios requeridos.

Accounts and the management report, statutory adaptations required by the Ministry of Culture and regulatory changes requested will be submitted to the authority for approval from the associates or members.

Something went wrong...

Reference comments

40 mins
Reference:

Sugerencia

Puede ser que asociados quiera decir "fellows" en ese contexto. Además, de lo que leo, se refiere a un período del pasado sobre el que dichos asociados no pueden decidir (siendo el pasado). Por ende, sostengo que se trate de un modo cortés de indicar que "los asociados serán informados sobre las cuentas y la gestión por el período del 2019.
Note from asker:
Thank you Gabriel, that was my doubt, regarding the possibility of members of a public entity being able to decide about something that has happened in the past. So they are being given information, rather than allowed to take a decision?
Something went wrong...
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