Article 23

A General Assembly meeting shall be deemed to be valid only if attended by an absolute majority of members. If a quorum is not attained, the meeting shall adjourn.  Another meeting shall be convened within a period not less than eight days and not more than 15 days from the first meeting. The second meeting shall be valid only if attended by one-third of the General Assembly members. If this quorum is not attained, the meeting shall adjourn to a third meeting to be held within a period of not less than half an hour. The meeting in such an event shall be deemed valid if attended in person by 10 percent of the members. If the quorum is attained, the validity of resolutions shall not be impaired by the withdrawal of less than one-half of the members present at the start of the meeting.

Article 24

The General Assembly may be convened for an Extraordinary Meeting:

  1. On an invitation by the Board of Directors.
  2. At a request in writing made to the Board of Directors by at least one-third of those members entitled to attend the General Assembly meetings.
  3. At the request of the Ministry of Labour and Social Affairs.

The invitation letter shall specify the purpose of the meeting and the matters and issues to be discussed. The procedure for the extraordinary meeting shall be that of the ordinary meetings in terms of time, date, venue and quorum, etc.

Article 25

The Ministry of Labour and Social Affairs shall be notified of all the General Assembly’s meetings, at least fifteen days prior to each meeting, and shall be furnished with a copy of the summons to the meeting, its agenda and documents attached thereto. The Ministry may delegate whoever is appropriate to attend the meeting.

The Ministry shall also be furnished with a copy of the minutes of the General Assembly meeting within fifteen days from the date of such meeting. The minutes must include the resolutions adopted at such a meeting.

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