1. Place of Business

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").

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2. Membership

  1. Every application for membership in ASIALEASE shall be duly signed by the applicant and, in the case of an organization or association, its duly authorized officer. The application shall state the name and address of the applicant and, in the case of an organization, or association, it must be accompanied by a copy of its Constitution, By-Laws and a statement of the number of its members.

  2. Applications from member countries already represented in ASIALEASE shall be submitted or referred to the National Committee under Section 11 (a). All other applications shall be submitted or referred directly to the Council.

  3. Upon receipt of the application, the Council may require additional information from the applicant before approving the application. When the Council is not in session, application may be accepted by the President subject to subsequent confirmation by the Council.

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3. Dues

  1. Initial membership fees shall be as follows:

    1. For each Individual Member, the sum of US$100.00

    2. For each Institutional Member, the sum of US$500.00

    3. For each International Member, the sum of US$50.00

    4. For each Associate Member, the sum of US$50.00

  2. Annual dues shall be as follows:

    1. For each Individual Member, the sum of US$150.00

    2. For each Institutional Member, the sum of US$1,500.00

    3. For each International Member, the sum of US$75.00

    4. For each Associate Member, the sum of US$75.00

  3. The dues shall be remitted to the Secretariat on or before the 1st day of January of each year.

  4. The Council may impose special levies on its members for such special purposes as it may deem necessary.

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4. Bank Account

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.

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5. Expenses

  1. The Secretary-General may receive reimbursement for any expenses officially incurred.

  2. No other officer of ASIALEASE shall be entitled for reimbursement for any expenses incurred on account of ASIALEASE.

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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.

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7. National Committee

  1. A National Committee shall be established in each country consisting of :

    1. The President or Vice President of ASIALEASE as Chairman.

    2. The other member of the Council of that country and not more than three (3) other members.

    3. The National Committee may elect from among its members a Vice Chairman, Secretary and Treasurer.

  2. It shall be the duty of each National Committee to process applications for membership of ASIALEASE from that country, and to assist in collecting dues and levies payable to ASIALEASE.

  3. The National Committee may impose and collect its own dues and levies.

  4. It shall be the duty of the National Committee of the respective countries to nominate their country's ASIALEASE officers and Council members and to propose successors to vacancies in their country.

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8. Seal

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.

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9. Audit

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.

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10. Visitors and Guests

  1. Visitors may be admitted to the premises of ASIALEASE but they shall not be admitted to the privileges of ASIALEASE nor shall they be admitted into the premises more than fourteen (14) times in any year. These visits are to be confined to not more than once in fourteen (14) days.

  2. A Visitor's Book shall be kept, in which shall be entered the names of all visitors and guests, together with the signatures of the members nominating them and the dates of their visits. No person shall be a visitor or guest till his name has been entered in this book.

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11. Prohibitions

  1. Gambling of any kind and the playing of paikow or mahjong, whether for stakes or not, is forbidden on ASIALEASE's premises. The introduction of materials for gambling or drug taking, and of bad characters into the premises is prohibited.

  2. The funds of ASIALEASE shall not be used to pay the fines of members who had been convicted in court.

  3. The Association shall not attempt to restrict or in any manner interfere with trade or prices or engage in any trade union activity.

  4. The Association shall not hold any lottery, whether confined to its members or not, in the name of ASIALEASE or its office-bearers, Council or members.

  5. The Association shall not indulge in any political activity or allow its funds and/or premises to be used for political purposes.

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12. Interpretation

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.

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CONSTITUTION

By - Laws

1. Place of Business
2. Membership
3. Dues
4. Bank Account
5. Expenses
6. Suspension or Withdrawal of Privileges
7. National Committee
8. Seal
9. Audit
10. Visitors and Guests
11. Prohibitions
12. Interpretation


Constitution


Amendments