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Accountants - General Meetings Of The Institute Ss 2325

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            The Institute shall hold an annual general meeting in accordance with its rules within four months of the end of the financial year.

24.     Special general meeting

            The Institute may hold a special general meeting upon giving such notice as may be prescribed in the rules of the Institute.

25.     Convening and procedure of meetings

            (1) Every fully paid-up member of the Institute shall be entitled to receive notice of and attend a general and special meeting, but only a person registered under section 30 and such other person of a class of membership registered in accordance with section 28, as shall be stated in the rules of the Institute, shall be entitled to vote at each meeting in person or by proxy.

            (2) The Council shall submit for approval to each annual general meeting a statement of income and expenditure and a balance sheet for the financial year together with the report of the auditor.

            (3) At all general meetings of the Institute, the President, or in his absence, the Vice President shall preside.

            (4) In the absence of the President and Vice President, the chairperson shall be elected from among members of the Council present.

            (5) Save as otherwise provided in the rules of the Institute, all questions to be decided at a general meeting of the Institute shall be by majority vote of those present and entitled to vote in terms of subsection (1).

            (6) The person presiding at any meeting shall, in the case of equality of votes on any issue being discussed at that meeting, have a second or casting vote in addition to his or her deliberative vote.