1964_THE_HONG_KONG_ASSOCIATION_OF_BANKS_BY-LAWS — Page 10

A 10

CAP. 364]

The Hong Kong Association of Banks By-laws

[1981 Ed.

[Subsidiary]

Extraordinary general meetings.

Quorum for general meetings.

(b) to elect, in accordance with these by-laws, members of the

Committee and the Consultative Council; and

(c) to discuss any other business.

(4) Notice of an annual general meeting shall be sent by the Secretary to each member not less than 14 days prior to the date of the meeting and shall specify the day, time and place for the holding of the meeting and the business to be transacted and shall be accompanied by the report of the Committee, the accounts of the Association and the report of the auditor.

(5) A member shall, if it wishes to propose a resolution as any other business at an annual general meeting, give to the Secretary not less than 7 days before the annual general meeting written notice of such resolution and shall in the notice give the name of another member willing to second the resolution.

(6) The Secretary shall, not less than 3 days before the annual general meeting, send to each member a copy of a resolution under paragraph (5).

22. (1) The Committee may, whenever it thinks fit, call an extraordinary general meeting.

(2) The Committee shall call an extraordinary general meeting upon receipt of a request in writing signed by not less than-

(a) 75% of members eligible for election to the Committee

under section 8(1)(b)(i) of the Ordinance; or

(b) 75% of members eligible for election to the Committee

under section 8(1)(b)(ii) of the Ordinance; or

(c) 75% of the members of the Association.

(3) Notice of an extraordinary general meeting shall be sent by the Secretary to each member-

(a) where the meeting is called under paragraph (1), not less

than 14 days prior to the date of the meeting;

(b) where the meeting is called under paragraph (2), within 21 days of the receipt of the request and not less than 14 days prior to the date of the meeting.

(4) The notice of an extraordinary general meeting shall specify the day, time and place for the holding of the meeting and the business to be transacted.

(5) At an extraordinary general meeting, no business other than that specified in the notice shall be transacted.

23. (1) Subject to paragraph (2), the quorum for a general meeting shall be 30 members.

(2) The quorum for a general meeting called under by-law 5(2) or 19(2) shall be 15 members.

Page 10

Page 11