A new set of MoA and Bylaws adopted at AGM

At the AGM/General Assembly, the members decided to amend and substitute existing Memorandum of Association (“MoA”) and Rules & Regulations (“Bylaws”) by a new set of MoA and Bylaws. The Governing Council

In order to ensure prompt and effective action by the Association, its members confer on the Governing Council primary responsibility for the maintenance of Association’s principles, and agree that in carrying out its duties under this responsibility the Governing Council acts on their behalf.’ [page 13, new MoA and Bylwas]

was elected for all further proceedings.