CAP. 364]

The Hong Kong Association of Banks By-laws

[1981 Ed.

[Subsidiary]

Procedure for election.

Filling of casual vacancies on the Committee.

(2) All elected members shall retire at the conclusion of the next electoral general meeting after the meeting at which they were elected but shall be eligible for re-election.

4.

(1) If the number of members nominated under by-law 2 for election to the Committee at an electoral general meeting-

(a) does not exceed the number of members to be elected from either category, then the candidates nominated from that category shall be deemed to have been duly elected with effect from the conclusion of that meeting;

(b) exceeds the number of the members to be elected in either category, the election shall be determined by ballot of the members in the relevant category present at that meeting, and the member or members receiving the largest number of votes shall be elected; and in the event of equality in votes the selection of membership of the Committee shall be determined by the drawing of lots between the candidates whose votes are equal;

(c) is less than the number of members to be elected in either category, a fresh election shall be held to fill any vacancy remaining unfilled at the conclusion of that meeting, which fresh election shall proceed as if it were an election held under by-law 5.

(2) If a ballot is required under paragraph (1)(b), ballot papers shall be distributed to members present at the meeting in the respective categories provided under section 8(1)(b)(i) or 8(1)(b)(ii) of the Ordinance as the case may be, and such ballot papers shall list the names of the candidates in the category in alphabetical order and indicate the number of members to be elected in that category.

(3) Upon a ballot under paragraph (1)(b) the members in each category present and voting at the meeting shall mark the names of the candidates nominated for whom they vote as elected members, and no member shall, when so voting, mark more or fewer names than there are members to be elected; and if any member shall do so its vote shall be disqualified.

(4) Ballots in each category shall be counted separately, and scrutineers shall be appointed by the Chairman of the electoral general meeting to prepare as soon as practicable the result of the ballot showing the votes cast for each candidate; and the scrutineers shall give the result to the Chairman of that meeting who shall announce the names of the successful candidates without revealing the votes cast for each candidate.

5. (1) If a casual vacancy occurs among the elected members of the Committee, that vacancy shall be filled by election in accordance with this by-law.

(2) Upon the vacancy occurring, the Committee shall call a general meeting for the purpose of an election to fill that vacancy.

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