No. 13 - Class 2: Rule Changes for 2002

Notice to All Class 2 Members

NOTICE is hereby given that an Extraordinary General Meeting of the Members of Class 2 of the Association will be held on Wednesday, 6 February 2002 at 1000 hours or as soon thereafter as the business of the Extraordinary General Meeting of the Members of Class 1 of the Association has been completed, in the Beau-Rivage Palace, CH-1006 Lausanne, Switzerland, for the purpose of considering and, if thought fit, passing the following SPECIAL Resolution:

THAT alterations to certain of the Rules of Class 2 (as hereafter set out with
commentary) be made to take effect from noon GMT on 20 February 2002:-

There is one change proposed to the Rules for 2002.

Legal advice has been taken.

Those parts of the 2001 Rules where it is proposed that the change is made are attached with the change marked. A proposed deletion from the 2001 Rules is identified by striking through the text to be deleted. Proposed additions are marked in bold type, except where changes are proposed to Rule headings, where the change is identified with ordinary text. The proposed change is accompanied by a vertical mark in the margin for ease of identification. Page headers and number of the Rules and pages will be adjusted once the change is adopted and prior to printing for the 2002 policy year.

Rule 1 – Introductory – This rule is to be amended by adding an additional paragraph which makes it clear that Membership of the Association does not create any contractual or other legal relationship between any one Member and any other, so that, among other things, one Member is not jointly liable to third parties with another Member by reason of his membership of the Association.

The Schedule – form B3 - certain changes to the Club’s standard form of counter security where the Club provides bail are proposed. A copy of the new form is annexed. The most significant change is the inclusion of an obligation on the counter securer, who may be a Member, to provide cash counter security if called upon by the Club at any time to do so.

link to detailed changes in Adobe Acrobat format

By order of the Board
P A Aspden
Secretary
33 Boulevard Prince Henri
1724 Luxembourg

9 January 2002

A member entitled to attend and vote is entitled to appoint a proxy (who need not be a Member of the Association) to attend and on a poll vote instead of him. The instrument appointing a proxy shall be left with the Secretary not less than 48 hours before the holding of the Meeting.