Full Member | |
i. | Any firm, company, or corporation willing to become a member shall submit an application in the prescribed form to the Management Board. |
ii. | Every application shall be proposed by two (2) existing members. |
iii. | All admissions of members shall be decided by the Management Board. Every applicant for admission shall satisfy the Management Board of his eligibility and the Management Board may require the production of such evidence as the Management Board shall be deemed necessary. The Management Board shall circulate the names of all applications to the existing members for their comments (if any) for a period of two (2) weeks. If there are comments from existing members, the Management Board shall consider such comments with care. However, the decision to approve or refuse admission of an applicant shall lie solely in the absolute discretion of the Management Board whose decision shall be final. |
iv. | Every firm or company upon becoming a member shall be bound by these Rules and Constitution in force at the time of his admission or which may thereafter from time to time be made. |
v. | On admission, a member shall pay the Association an entrance fee of Ringgit Malaysia Four Thousand (RM4,000-00) or such other amount as the Management Board may decide from time to time. |
vi. | The admission of any firm or company as a member shall be void unless the entrance fee is paid within two months of such admission. |
vii. | Every member shall also pay to the Association a monthly subscription. The subscription shall be based on the tonnage of processed palm oil manufactured by the member for the month and shall be calculated at a rate of not more than RM1/- per metric tonne or such other rate as the Management Board shall from time to time in its absolute discretion determine. |
viii. | Every member shall pay the subscription monthly in arrears on the 15th. day of each calendar month. Any member who has not paid its subscription within sixty (60) days after it has become due shall be liable to pay such interest as the Management Board may decide. |
Associate Membership | |
i. | Any firm, company, or corporation which is connected with the oils and fats trade, but not directly carrying on the business of processing, refining and fractionating of palm oil shall be eligible to be admitted as an Associate Member of the Association. |
ii. | a) Any firm, company, or corporation willing to become a member shall submit an application in the prescribed form to the Management Board. b) Every application shall be proposed by two (2) existing members. c) All admissions of the Associate Members shall be decided by the Management Board. Every applicant for admission shall satisfy the Management Board of his eligibility and the Management Board may require the production of such evidence as the Management Board shall be deemed necessary. The decision to approve or refuse admission of an applicant shall lie solely in the absolute discretion of the Management Board whose decision shall be final. d) Every firm or company upon becoming an Associate Member shall be bound by these Rules and Constitution in force at the time of his admission or which may thereafter from time to time be made. |
iii. | a) On admission an Associate Member shall pay the Association an entrance fee of Ringgit Malaysia Two Thousand (RM2,000-00) or such other amount as the Management Board may decide from time to time. The admission of any firm, company, or corporation shall be void unless the entrance fee is paid within two (2) months of such admission. b) Every Associate Member shall also pay the Association an annual subscription of Ringgit Malaysia Two Thousand and Five hundred (RM2,500-00) or such other amount as the Management Board may decide from time to time. |
iv. | a) An Associate Member shall be entitled to attend the Annual General Meeting of the Association as an Observer but shall not be entitled to vote thereat. The Associate Member shall not be considered for purposes of Rule 10 (iv) and Rule 11 (ii) (b). b) An Associate Member shall not be entitled to election to any committee of the Association but may attend meetings of any Committee at the invitation of the Committee. c) Associate Members relating to each category of the industry may form a committee(s) of their own for such meetings pertaining to their trade and expertise, as deemed necessary by the Management Board. Recommendations made shall be forwarded to the relevant main Committees of the Association for deliberation. |
v. | An Associate Member shall cease to be a member after the expiry period of thirty (30) days from the date of notice of its intention to resign from the Association. |
vi. | The Management Board may expel any Associate Member from the Association who: A. a) violates any of the Rules or Constitution of the Association or any order or direction of the Management Board or General Meeting of the Association. b) is convicted of any offence involving fraud or dishonesty punishable on conviction with imprisonment for three (3) months or more. c) has been guilty of any act, practice, conduct, or default prejudicial to the interest of the Association or calculated in any manner to bring discredit to the palm oil refining or processing industry. d) is adjudged bankrupt or subject to winding-up proceedings or fails to satisfy a judgment debt under any deed or document, has his estate placed in liquidation for the benefit of creditors, or makes any arrangement for payment to creditors or composition with the creditors. The Management Board may by a resolution passed at a meeting specially convened for the purpose of expel, suspend, reprimand or admonish any firm or company on the grounds above described provided that the Associate Member shall first have had notice of the intended resolution of the Management Board and before the passing of such resolution have had an opportunity of giving orally or in writing any explanation or defense as it may think fit. B. If an Associate Member fails to pay any subscription or other sum payable to the Association it may be expelled from the membership of the Association and the amount so outstanding shall be recoverable as a debt to the Association. C. If any Associate ceases for any cause whatever to be a member of the Association, he shall not nor shall his representatives have any interest in or claim against the funds or property of the Association. |
vii. | Any dispute concerning the status, rights or obligations of Associate Members which have not been provided for by these provisions shall be referred to the Management Board whose decision shall be final and binding. |