CHAPTER 10 PROVISIONAL CLAUSES
48.
After permission has been granted by the Bangkok Metropolis Registrar of Trade Associations for the Trade Association to be established, each Founding Member shall act as temporary members of the Board of Directors until a Board of Directors has been elected by virtue of these Bylaws which shall take place within one hundred and twenty days from the date of its receipt of permission to set up the Trade Association.
49.
For the purpose of the provision of Clause 7, every Founding Member shall act as an Ordinary Member of the Trade Association.
50.
These Bylaws shall be in full force and effect as from the date approval has been granted by the Bangkok Metropolis Registrar of Trade Associations for the Trade Association to be established.
