7. THE GENERAL ASSEMBLY: DATE OF THE MEETING, CALLING THE MEETING, QUORUM AND MODALITY OF DEBATE - DUTIES AND POWERS

a) The General Assembly shall ordinarily convene every year in the month of May, and extraordinarily upon invitation.

b) The General Assembly shall convene upon the attendance of one more than half of the members having the right to attend the General Assembly. In case of failure to achieve quorum during the first session, the majority requirement is waived for the second meeting. However, the number of the participant members to this second meeting cannot be less than twice the total number of members on the Board of Directors and on the Auditor Boards.

c) The announcement of a meeting shall be done by the Board of Directors, who notifies members as to the date, time, location and agenda, at least (15) days in advance, by a newspaper, by letters or by e-mail. This notice will also indicate the date, time and place of the second meeting to be held in case quorum cannot be reached in the first meeting. The time span between the two meetings cannot be less than seven or more than sixty days.

d) In case the meeting is postponed for reasons other than that of not reaching the quorum, members shall be notified of the postponement with an indication of the reasons, following the same procedure utilized in announcing the original meeting. The second meeting must take place within six months of the date of postponement. Members shall be called to the second meeting following the above procedure. The General Assembly meeting may not be postponed more than once.

e) Members attending the General Assembly shall enter the meeting venue after signing their names on the list prepared by the Board of Directors. Members who fail to show their identity cards or sign the indicated list and members who do not hold the right to attend the General Assembly shall not be allowed into the meeting room. The referred persons and non-members may watch the General Assembly from a separate section

f) The Assembly will be opened by the Board Chairman or a Board Memberappointed by her/him. Pursuant to the opening, a President, a sufficient number of Vice-Presidents and secretaries shall be elected to run the assembly.

g) The Assembly shall be presided over by the President. The voting procedure will be determined by the President unless decided otherwise. However, elections forthe Association’s main bodies shall be made by secret voting. In the voting to be conducted for the election of the association bodies, voting members shall be obliged to show their identity cards to the members of the General Assembly Board members and sign the space next to their names on the list of General Assembly attendees. Each member shall have one vote in the General Assembly and will be obliged to vote in person.

h) General Assembly Resolutions, with the exception of the special cases indicated in the relevant law and charter, shall be adopted with a simple majority vote of members present. Resolutions to the dissolve the Association or to amend the Charter will require the favorable vote of 2/3 of the members present at the General Assembly.

i) The minutes of the meeting shall be drawn up by the secretaries and signed by them and the President. At the end of the meeting, all minutes and documents shall be handed over to the Board of Directors. The Board will send copies of the
General Assembly resolutions to all members.

j) In General Assembly meetings, only items which are on the agenda may be discussed. However, items proposed for discussion by a minimum of one tenth of the members attending the meeting must be included in the agenda.

k) The General Assembly may be called to convene on extraordinary basis when deemed necessary by the Board of Directors or the Board of Auditors or when requested in writing by one fifth of the members of the Association.

l) No member of the Association may vote on decisions regarding issues related to legal procedures or actions between the Association and himself, his spouse, his lineal ancestors or lineal successors.

7.1 DUTIES AND POWERS OF THE GENERAL ASSEMBLY

Below mentioned topics shall be discussed and decided upon in the General Assembly

a) Election of the Association’s bodies,

b) Amendment of the Charter of the Association,

c) Examination of the reports of the Board of Directors and Auditors and releasing of the Board of Directors,

d) Approval as is or by amendments of the annual budget prepared by the Board of Directors,

e) Designation of the membership fee and membership contribution rates,

f) Purchase of real property necessary for the Association or empowering the Board of Directors for the sale of existing properties,

g) Issuing of operational instructions to the Board of Directors,

h) Dismissing of members of the Board of Directors or Board of Auditors if their culpability is established, and resorting to legal action against them where required,

i) Adoption of the decision regarding the Association’s participation in or resignation from a Federation,

j) Adoption of the decision regarding the international activities of the Association, its participation in or resignation from associations and institutions established abroad,

k) Adoption, amendment or revocation of the regulations drafted by the Board of Directors, which may be required for the internal operation of the Association,

l) Decision for the dissolution of the Association,

m) Fulfillment of other duties required to be carried out by the GeneralAssembly in accordance with the provisions of the relevant legislation and this Charter,

n) Empowerment of the Board of Directors, where required, for making transfers between budgetary periods,

o) Adoption of the decision on whether the Association should borrow a loan,

p) In case of the Association’s membership in a federation, election of delegates to represent the Association in the federation.