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Section 11: General Assembly

Sub-Contracting And Partnership Exchange (Subex-M) Act

consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

11. General Assembly (1) SUBEX-M shall hold its General Assembly once every year at such time and place as the Committee may decide. (2) The business of the General Assembly shall be to— (a) consider and adopt the annual report and approve the audited accounts for the previous financial year; (b) approve the estimates for the next financial year; (c) appoint 2 auditors; (d) consider any resolution from the Committee; and (e) consider any other business which a member may wish to raise and of which notice has been given to the Director in such manner as may be determined by the Committee. (3) A special general meeting may be convened either by the Committee or at the request of not less than one quarter of the ordinary members of SUBEX-M or of 25 ordinary members, whichever is less. (4) All decisions at a General Assembly or special general meeting shall be taken by a majority of votes. (5) The quorum at a General Assembly or special general meeting shall be 25 ordinary members, or one quarter of the total number of ordinary members, whichever is less.

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