Malaysia legislation

Section 14

of *FARMERS' ORGANIZATION ACT 1973

Section 14

(2)

For the purpose of conducting the business operations of each of such Farmers’ Organizations, there shall be a General Manager and other officers and servants of such Farmers’ Organization to be appointed in accordance with any regulations made hereunder or the constitution or rules of such Farmers’ Organization.

(3)

The responsibilities and duties of the General Manager, the officers and the Board of Directors aforesaid shall be in accordance with the constitution or rules of such Farmers’ Organization.

(4)

The directors shall hold office, retire and may be removed from office in accordance with the constitution or rules of such

Farmers’ Organization.

(5)

The office of a director shall be deemed to be vacated in any of the following cases that is to say:

(a)

if he becomes a bankrupt;

(b)

if he is convicted of a criminal offence involving fraud, dishonesty or moral turpitude;

(c)

if he absents himself from three consecutive meetings of the Board of Directors without leave;

(d)

if he ceases to be a citizen of Malaysia or a member of such Farmers’ Organization;

(e)

if he becomes insane;

Farmers’ Organization 17

(f)

if he engages in any business or acts in a manner which in the opinion of the Registrar is prejudicial to the interests of such Farmers’ Organization; or

(g)

if he receives a salary from or becomes a paid employee of such Farmers’ Organization.

Funds of Farmers’ Organization