SERVICES OFFERED AND ACCEPTANCE OF TERMS AND
i. There are 3 (three) classes of Members ofthe company namely:-
a. Ordinary Members include among others National Chambers of Commerce & Industry, Manufacturers Associations, Federations of Employers, Apex Private Sector Associations, associations of (bankers, tourism, insurance, agricultural and transport sectors in East Africa.
b. Associate Members composed of public or quasi public bodies such as Investment Promotion Centres, ExportPromotionCouncils and Export Promotion Zones Authorities, Port Authorities, bureaus ofstandards and others involvedin facilitation of business.
c. Corporate members who would be companies operating in East Africa.
ii. Membership shall run from 1st January to 31st December each year.
iii. On admission to membership each Member shall be deemed to have accepted, and agreed to abide by,these Articles, and any by-laws or other regulations of the company for the time being in force.
iv. The election of Members to the Board shall be decided by a majority vote of the country Members.
v. Any Member may resign his membership provided he gives written notice to the Executive Director at least 3 (three)months before the 31st day of December in any year of his wish to resign; and unless the Executive Committee determines otherwise; his
resignation shall be effective from the date of his resignation. Any Ordinary, Associate or Corporate Member wishing to resign who fails to give such notice shall be liable for the subscription for the ensuing year.
vi. A member shall be automatically suspended from membership if his membership fees is not paid for twenty four (24) months consecutively. And if wishes to return all outstanding membership fees have to be paid.
vii. The Executive Committee shall have power by resolution carried by a majority of those personally present and voting at a meeting of the Executive Committee, to suspend or to cancel the membership of any Member,after giving such Member a reasonable opportunity of being heard at the meeting, and shall not be obliged to give any reason for its decision.
(b) If any Member shall go into liquidation whether compulsory or voluntary, such Member shall ipso facto cease to be a Member of the Company.
viii. Any person who, by resignation, or otherwise, shall cease to be a Member, shall nevertheless remain liable for, and shall pay to the Company sums which, at the time of his ceasing to be a Member, may be due from him
to the Company and he shall not be entitled to any refund inrespect of any unexpired portion of his subscription for the year in which he ceases to be a Member:
ix. Every Member shall be liable to pay to the Company, on election, and on 1st January in each subsequent year, a subscription based on a scale to be laid down from time to time by the Executive Committee, such scale to be approved by the Annual General Meeting following its original implementation of any subsequent variation thereof and the details of any such variation shall be included in the Agenda of any Annual General Meeting approving the same. PROVIDED ALWAYS THAT
the Executive Committee may,in special cases and from time to time, vary the rate of
subscriptions and / or the method of its ascertainment, subject to confirmation at the
succeeding Annual General Meeting.
x. All annual subscriptions shall be fixed by the Executive Committee, and shall become due and payable on 1st January every year. The Executive Committee shall have powers to determine procedure for collection, deadlines, fixing rates of interest on overdue subscription and shall make regulations as to payment of pro-rata subscription for a new Member joining during the year.
xi. New Members shall pay entrance fee of such amount as the Executive Committee shall determine for all new Members from time to time.
xii. No Member shall be entitled so long as his subscription is in arrears to exercise or enjoy any of the rights or privileges of membership or to vote on any matter or to stand for election or propose any representative or Member of the Company for election.