CHAPTER 5 ENTRANCE FEES AND ANNUAL DUES

CHAPTER 5 ENTRANCE FEES AND ANNUAL DUES

15. The Trade Association’s Annual Dues:

The entrance fee and annual dues payable by Ordinary Members and Affiliate Members shall be as from time to time determined by the General Meeting. The liability of an Ordinary Member or an Affiliate Member is limited to the various fees and dues which are outstanding and payable by such Ordinary Member or Affiliate Member.

No entrance fee or annual due is payable by Honorary Members.

16. Additional Fees:

Additional fees, in whatever sum, may be prescribed by the Trade Association to be paid by Members from time to time in accordance with the General Meeting’s resolution adopted by at least three-fourths of the number of Ordinary Members and/or their proxies who attend such meeting. This, however, will not preclude the Trade Association from levying other fees or payment as it thinks fit for any special services or facilities provided by the Trade Association.