Statute of the Association

VII. FINAL PROVISIONS

§ 37.

1. The resolutions of all of the Association’s authorities are reached by the majority of votes of at least half of the members entitled to vote, unless the Statute provides otherwise.
2. Changes to the Statute are adopted by a two third majority of votes of at least half of the members entitled to vote.

§ 38.

1. Adopting a Statute or its change as well as adopting a resolution on dissolution of the Association by the General Members’ Meeting requires a qualified majority of two thirds of votes of at least half of the members entitled to vote at the general Members’ Meeting.
2. In the case of adopting a resolution on dissolution of the Association, the General Members’ Meeting will define the liquidation procedure and will define the intent of the Association’s property disposal.
3. In the case of adopting a resolution on dissolution of the Association, matters not covered by the Statute are regulated by The Association’s activities are regulated by the provisions of the chapter 5 of the ‘Law of Associations’ statute of 7th April 1989 (Statute Journal 1989, No 20, entry104 with later changes).