Page 77 - VACC Membership Kit 2023

3 – MEMBERSHIP
(xi) borrowing and raising any moneys required for the purpose of the Association upon such terms and on such securities as may be determined;
(xii) investing and dealing with the moneys of the Association not immediately required upon such securities and in such manner as may from time to time be determined;
(xiii) securing for the Members all the advantages of unity of action and advancing and protecting the interests of Members in any lawful manner whatsoever in matters which pertain to the relationship of employers and employees in the automotive industry or allied trades or services; and
(xiv) undertaking and or doing all things or activities that a natural person may do which are necessary, incidental or conducive to the advancement of the Principal Objects.
PART II - MEMBERSHIP
3 – MEMBERSHIP
(a) Membership shall be open to any person, firm, corporation, or association, genuinely engaged as principals in the automotive industry or allied trades or businesses and such membership shall continue until expiry of six months after such person, firm, corporation, or association, has ceased to be engaged in the automotive business or allied trades or businesses.
(b) The Executive Board may in its discretion grant an honorary Membership to any person who has ceased to be engaged in the automotive industry or allied trades or services for a period of twelve months, but such appointment shall be subject annually to review and revocation.
(c) There must be kept a register of Members, and of the Nominated Chamber Representatives of Members who are firms, corporations or associations, with their business addresses.
(d) Any Member or Nominated Chamber Representative who shall at any time change their place of business must immediately give notice of the change in writing to the Secretary.
(e) Within 14 days after the business or part of the business of a Member is assigned or transferred to a person who is not a Member of the Association the Member is required to notify the Association of the assignment or transfer.
191V: Incorporates alterations of 5 February 2021 (R2020/198 and D2020/19) Page 7 of 33 Pages