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The principal office of ASIALEASE shall be its Secretariat which shall be located at Wisma G.K.B.I., 11st Floor Suite 1104, Jl. Jend. Sudirman 28, Jakarta, Indonesia or such other address as may subsequently be decided upon by the Governing Council (hereinafter referred to as the "Council"). [ back to top ]
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[ back to top ] ASIALEASE shall open a United States Dollar account with a reputable bank in Jakarta, Indonesia, approved by the Council. All fees, dues, special levies and other monies due to ASIALEASE shall be deposited into the said account. Excess funds shall always be kept in an interest-accruing fixed deposit account. [ back to top ]
[ back to top ] 6. Suspension or Withdrawal of Privileges Any Member who is in arrears of its dues or levies shall have its rights and privileges of membership suspended. Any member whose continued membership is determined by the Council not to be in the best interest of ASIALEASE shall have its membership revoked. [ back to top ]
[ back to top ] ASIALEASE shall have a seal the form of which shall be determined by the Council. The seal shall not be affixed to any instrument or document except on a resolution of the Council to that effect and shall be attested by the Secretary-General. [ back to top ] A firm of Public Accountants shall be appointed by the Council. Such appointment shall take effect only upon confirmation at the Assembly and the Auditors so confirmed shall hold office until the conclusion of the next Assembly. They shall be required to audit each year's accounts and present a report upon them to the Assembly. They may be required by the President to audit ASIALEASE's accounts for any period during their tenure of office at any date and make a report to the Council. [ back to top ]
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[ back to top ] The Council shall settle any matter or question requiring interpretation of these By-Laws in a manner consistent with the Constitution and the purposes for which ASIALEASE was formed. [ back to top ] |
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