Malaysia legislation
Section 14
Section 14
It shall be lawful for the Corporation to make rules, not inconsistent with this Act—
(a)
to prescribe the form of application for membership;
Malaysian Rubber Exchange (Incorporation)
(b)
to regulate the election of members and to prescribe entrance fees and subscriptions;
(c)
to constitute and define the various categories or classes of members and to define the respective rights, privileges and obligations of members and of each such category and class;
(d)
to provide for the suspension, cancellation or termination of membership;
(e)
to regulate for the maintenance of proper standards of conduct in the carrying on of the rubber trade and to deal with infringements of the same;
(f)
(repealed by Act A959);
(g)
to provide for the powers and duties of the Chairman and
Deputy Chairman;
(h)
to provide for the calling and conduct of meetings of the
Corporation;
(i)
to provide for the appointment of a Secretary and other officers of the Corporation;
(j)
to provide for the keeping, audit and presentation of accounts;
(k)
to authorize the Board to make such by-laws as may be expedient; and
(l)
for any other purposes whether of a similar nature to the foregoing or not, necessary or expedient in or about the management of the Corporation or for the carrying into effect of any of the objects of the Corporation.