1970-HKRS29-8-37_Part04 — Page 23

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4. (1) No person shall be appointed as a member of a management committee who-

(a) has been declared bankrupt;

(6) has entered into composition with his creditors;

(c) has at any time been sentenced to imprisonment for six months

or more.

(2) A member of a management committee shall cease to be a member of the committee if he--

(a) becomes disqualified for appointment as a member of a manage-

ment committee under sub-paragraph (1);

(5) becomes incapacitated by physical or mental illness;

(c) absents himself from three or more consecutive meetings of the management committee without the consent of the management committer:

(d) resigns his office, by notice in writing delivered to the secretary

of the management committee;

(e) ceases to be an owner, if appointed in his capacity as an owner, or ceases to be qualified to be a member according to the deed of omutual covenant; or

() is removed from office by resolution of the corporation,

5.

(1) Al the second annual general meeting of a corporation con- vened in accordance with sub-paragraph (1)(b) of paragraph 1 of the Third Schedule and thereafter at every alternate annual general meeting, all members of the management committee shall retire from office.

(2) Al an annual general meeting of a corporation at which the management committee retires under sub-paragraph (1) the corporation shall, in accordance with this Ordinance, appoint-

(a) a new management committee;

(6) a chairman of the management committee; and

(c) a secretary of the management committee, if the office of secretary

of the management committee is vacant,

(3) Members of the managemont committee who retire under sub- paragraph (1) shall be eligible for re-appointment under sub-paragraph (2).

6. (1) A casual vacancy occurring in a management commiller may be filled by the management committee,

(2) If a casual vacancy occurs in the office of the secretary of a management committee, the management committee may appoint an owner or any other person to fill the vacancy till the next annual general meeting.

7. A management committee shall, in addition to any meetings held pursuant to section 15, meet at least once in every period of six months.

8. (1) A meeting of a management committee

(a) may be convened at any time by the chairman and

(b) shall be convened by the secretary, at the request of any two members thereof, within fourteen days of receiving such request. (2) Notice of a meeting of the management committee shall be sent by post by the secretary to each member of the management committee at least seven days before the date of the meeting and every such notice shall specify the place, date and time of such meeting.

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(3) IF & management committee resolves that it shall meet at specified intervals and the resolution specifies the place, dates or days and times of such meetings. the secretary shall send a copy of such resolution, and a copy of any subsequent rosolution of the management commilles affecting the same, to each member of the management committed by post, and sub-paragraph (2) shall not apply in the case of any such meeting.

9. The quorum necessary for the transaction of business at a meeting of a management committee shall be fifty per cent of the members of the management committec:

Provided that the quorum shall in no case be less than three.

10. (1) A meeting of a management committee shall be presided over by-

(a) the chairman; or

(8) in the absence of the chairman, a member appointed as chairman

for that meeting by the management committee.

(2) All acts, matters or things authorized or required to be done by the management committee may be decided by a majority of those present and voting at a meeting of the management committee.

(3) At a meeting of the management committee, each member present shall have one vote on a question before the commilles and if there is an equality of votes the chairman shall have, in addition to a deliberative volo, a casting vote.

(4) The secretary shall keep minutes of the proceedings at every meeting of a management committee.

(5) Subject to this Ordinance, the procedure al meetings of a manage- ment committee shall be as is determined by the management committee.

THIRD SCHEDULE.

MEETINGS AND PROCEDURE OF CORPORATION,

1. (1) The management committee shall convene-

[ss. 8(5) & 42.)

(a) the first annual general meeting of a corporation not later than Efteen months after the date of the registration of the corporation;

(8) an anoval general meeting in every calendar year after the calendar year in which the first annual general meeting was held, and not later than fifteen months after the date of the previous annual gencral meeting;

(c) a general meeting of the corporation at any time for such pur-

poses as the management committee thinks At

(2) The chairman of the management committee shall convene & general meeting of the corporation at the request of not less than five per cent of the owners for the purposes specifled by such owners within fourteen days of receiving such request.