Statute of the Association

§ 27.

1. The Board of Management consists of at least 3 members, including a President, Treasurer and Secretary.
2. With the provision of § 36 pos. 2 of the above Statute the following members are authorized to make statements of will or to sign on the behalf of the Association:
   1. individually, the President of the Management Board, or
   2. two members of the Board of management jointly.
3. In the cases of reduction of the number of members of the Management Board during its tenure below the number indicated in pos. 1 above – its composition is made out by the deputies of the Management Board members elected by the General Members’ Meeting in order of the number of votes obtained or in order set by the General Members’ Meeting.

§ 28.

1. The sessions of the Management Board are convened according to the Association’s need, at least once every three months and are called by the President:
   1. on his own initiative,
   2. on the motion of one third of members of the Council,
   3. on the motion of the Audit Commission.
2. The session of the Management Board should be called within 30 days from the date of such motion.

§ 29.

1. The Management Board can appoint the advisory body of the Association, functioning at the Management Board as the Council.
2. The Council consists of the persons nominated by the Management Board.
3. The number of the Council’s members is not to exceed 15 persons.