Proposed By-Laws - March 2025

BPWCCUL By-Laws Review 2025 – FINAL VERSION 17 EXISTING BY-LAW PROPOSED CHANGE RATIONALE (c) to allocate surplus from the previous year, subject to the Act, Regulations and these By-Laws; (d) to elect Directors, a Credit Committee and a Supervisory Committee for the ensuing year; (e) to appoint an auditor; (f) to deal with any other general business of the Society. By-law 29(3) remains unchanged. By-law 30(1) At least ten (10) days’ notice of any general meeting shall be given in any of the following ways: (a) By a written notice handed to each member or posted to him at his registered address. (b) By a notice published in a prominent place and in not less than two (2) issues of any daily newspaper. Clause (b) remains unchanged. By-law 30(1) At least twenty-one (21) days’ notice of any general meeting shall be given in any of the following ways: (a) By the dissemination of an electronic form of notice to the most recent e-mail address or similarly unique verifiable electronic form of contact that is duly noted and verifiable in the records of the Society. Updates communication from hand notices and snail mail to most recent email address listed in the records of the Society to extend notice period to the membership. QUORUM QUORUM By-law 31 (1) For the purpose of any general meeting, a quorum shall consist of fifty (50) members, provided that when a meeting is summoned by the Registrar any members present at such meeting shall be deemed to form a quorum. By-law 31(1) For the purpose of any general meeting, a quorum shall consist of one hundred (100) members, except for when a meeting is summoned by the regulator for which purpose any members present at such meeting shall be deemed to form a quorum. Amended from 50 to 100 to reflect the increased membership base and to be a better representation of that increased base.

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