The powers
of the Assembly are as follows:
a) To approve and modify
the Association's by-laws;
b)
To determine the amount and means of payment
of member pecuniary contributions;
c)
To decide on the admission of new Associate Members;
d)
To elect the Chairman of the Board of Directors;
e)
To designate an acknowledged a prestigious auditing
firm for the Association;
f)
To have access to reports, deliberations and resolutions
of the Board of Directors and the Executive Secretariat
regarding the activities, programs and budgets of the
Association; to approve annual audited financial statements
according to its own standards. The Assembly is empowered
to request from the auditing firm any information, at
any time; and,
The Board of Directors will be comprised of a
Chairman, a Vice-Chairman, and five Directors. The Chairman
and Vice-Chairman will be elected by the majority of
votes of the Assembly, and will serve for a term of
two years. The Chairman and Vice-Chairman may be elected
to no more than two terms consecutively. The Chairman
and Vice-Chairman shall be representatives of Associate
Members in different regional groups. Except in the
case of reelection, the elected successor to a Chairman
or Vice-Chairman shall be representatives of Associate
Members in a different regional group than the current
occupant of the office.
The Chairman’s
two-year term following his election shall begin in
even-numbered years; the Vice-Chairman’s two-year
term following his election shall begin in odd-numbered
years. The Chairman of the Board of Directors will act
as the legal representative of the Association.
Directors
will serve for two years. Elections for Directors will
be held annually to elect two Directors in even years
and the other three Directors in odd years.