ANNEX 5 APPOINTMENT OF THE CHAMBER MEMBERSHIP BOARD

With reference to the Chamber Membership Statute this Annex will regulate the appointment of the Chamber Membership Board.

The role and mandate of this board will be to review every individual application to join the Chamber in any of the three (3) Tiers and to advise the Council accordingly.

Formation Of The Board

The board will be composed of four members of the Chamber. At least two of them are to be members of the Council; the other two can be any other members of the Chamber that do not form part of the Council.

A Chairperson and a Vice Chairperson will head the board and will be appointed by the Chamber`s Council. The Chairperson must be a Tier 1 member.

Depending on the number of new applicants, this board is bound to meet at least once a month. In special circumstances, the board might be required to meet more often.

Reporting

Following the review of each application, the board will recommend to the Chamber Council if the applicant is deemed eligible to join the Chamber and to which Tier the applicant should be part of.

If in the Board`s opinion anyone applicant does not have the credentials as per Annex 1 and Annex 2 of this statute, or different from the one indicated by the applicant, the Board is to submit a report justifying their decision.

This report can or might be included with the official feedback the Chamber Administration is bound to give to the applicant.

Duration

The term of appointment of this board is for a maximum of two (2) calendar years, unless the Chamber`s Council decides to re-confirm the members or any of the members for another term.