BPWCCUL By-Laws Review 2025 – FINAL VERSION 33 EXISTING BY-LAW PROPOSED CHANGE RATIONALE 5) Ceases to be a member of the Society or to hold the required number of qualifying shares; or 6) Breaches the confidentiality of any Board, Supervisory or Credit Committee proceedings or information of the Society; or 7) Breaches the Society’s conflicts of interest or director conduct policies; or 8) Is convicted of a criminal offence; or 9) Becomes of unsound mind and has been so found by a court in Barbados; or 10) Without prior excuse fails to attend the mandatory onboarding training or any other similar mandatory course which is specific to the functions of Elected Officer and which is offered by the Society to all Directors and Officers including but not limited to governance, risk and compliance related training; or 11) Willfully fails to fulfill any mandatory requirements within fifteen (15) business days subsequent to the completion of the Annual General Meeting. By-law 42 Where there is any vacancy among the Directors, the directors then in office may exercise all of the powers of the Board and shall where no more than four vacancies exist, fill the vacancy within fourteen (14) days until the next Annual General Meeting. By-law 42 Where there is any vacancy among the Directors, the directors then in office may exercise all of the powers of the Board and shall where no more than four vacancies exist, Amends the by-law to extend the number of days for the board to fill vacancies of the board. Days extended to allow for full due process, including compliance checks and
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