Structure

BODIES OF THE ASSOCIATION 

Art.18. Bodies of the ASSOCIATION  shall be:

 

  1. The General Meeting of the Members; 
  2. Management Board.

 

GENERAL MEETING 

Art.19. (1) The General Meeting shall be the supreme body of the ASSOCIATION and shall consist of all its Members. 

 

  1. One representative of each Company – Member of the ASSOCIATION shall have the right to participate in the General Meeting, who shall be from the persons legal representatives of the Company or have a duly signed power of attorney to represent the company in the Meeting.
  2. The General Meeting for adoption of the report on the activity and the financial statement of the ASSOCIATION for the preceding year as well as the budget for the current year is held once yearly by the end of April within the present year. 

 

Art.20. (1) The General Meeting shall be convened at least once a year by the Management Board on its initiative, or on request of one third of the members of the ASSOCIATION. If in the latter case the Management Board within a one-month period fails to send written invitations for convocation of the General Meeting under the procedure provided in these Statute, it shall be convened by the court by the association’s place of seat on written request of the interested members, or of an authorized by them person. 

 

(2) The General Meeting shall be held in the location where the ASSOCIATION’s seat is situated. It shall be called by written invitations, containing the date, place, time of the meeting and the items on the agenda and on whose initiative it is called. The invitations shall be sent to the members by letter with delivery receipt at their last entered in the respective register registered office at least one month prior to the scheduled day. 

 

Art.21. (1) The General Meeting shall be considered legitimate, if representatives of more than a half of all members (are considered for the quorum only members without delays in the payments of the ASSOCIATION fees) are attending. 

 

  1. Where at the indicated time the required quorum is not present, the meeting is postponed for an half an hour later with the same agenda and shall be considered legitimate, regardless of how many members will attend. 
  2. Every member of the General Meeting (that have no delay in the payment of the ASSOCIATION fees at the moment of the vote) has right to one vote.
  3. A person may represent at the General Meeting not more than one Member of the ASSOCIATION on the basis of a writer power of attorney. 

 

Art. 22. (1) The resolutions of the General Meeting shall be passed by a simple majority with an open vote. Its members may decide with regard to one or other specific issue the voting to be secret. 

 

  1. The decisions of the General Meeting for amendment and supplementing to the Statute shall be adopted by a 3/4 majority of all present Members, and for  transformation and termination of the ASSOCIATION by 3/4 of the votes of all Members. 
  2. Issues beyond those on the announced agenda may be discussed only if all members of the General Meeting are duly represented and no one of them objects to the consideration of such issue. 
  3. Minutes shall be kept about the decisions made, which shall be signed by the person presiding the meeting and the person who kept the minutes. 

Art.23. The General Meeting shall: 

 

  1. Amend and supplement the Statute of the ASSOCIATION; 
  2. Take a decision for the termination and transformation of the ASSOCIATION; 
  3. Appoint for a term of four (4) years and dismiss the members of the Management Board; 
  4. Set out the general guidelines of the ASSOCIATION’s activities and approve the organizational structure of the ASSOCIATION; 
  5. Determine annually the amount of the annual membership fee and the deadline for its payment, as well as the amount of the initiation membership fee; 
  6. Adopt the financial statement and budget of the ASSOCIATION;
  7. Adopt the activity report of the ASSOCIATION; 
  8. Review and decide on complaints against the decisions of the Management Board; 
  9. Decide on the issue for the participation of the ASSOCIATION in other organizations and associations;
  10. Decide on the formation of target funds for financing the ASSOCIATION’s activities, their sources and the manner of their use; 
  11. Authorize the setting up of specialized structures and units with the ASSOCIATION; 
  12. Resolve all other issues related to the ASSOCIATION activity, with the exception of those which it has assigned to the Management Board by its separate decision or by this Statute; 
  13. Adopt other internal acts of the ASSOCIATION; 
  14. Revoke the decisions of the other bodies of the ASSOCIATION which are in contradiction with the law, the Statute or other internal acts regulating the ASSOCIATION activity;
  15. Appoint the financial auditors for the current year.