Singapore legislation
Clause 6
Clause 6
Members of the Foundation
(1)
The Foundation shall consist of such number of members as the Board may, from time to time, admit to membership thereof.
(2)
Without prejudice to the generality of subsection (1), the Board may admit as members bodies or organisations affiliated to the National Trades Union Congress or any person, company or association who or which is a benefactor of the Foundation.
(3)
A member shall pay such entrance fee (if any) and annual subscription as the Board may determine from time to time.
(4)
A member may resign from the Foundation at any time by giving notice of his resignation to the Board, but such member shall remain liable for any subscription or other sums as may be due to the Foundation on the date of his resignation.
(5)
The Board may at any time terminate the membership of any member —
if he becomes of unsound mind; or
if he becomes a bankrupt or suspends payment to, or makes any arrangement or composition with, his creditors; or
if the member, being a company or an association or a body of persons, corporate or unincorporate, becomes insolvent or suspends payment to, or makes any arrangement or composition with, its creditors or goes into liquidation; or
if he fails to pay any annual subscription or other fees due to the Foundation; or
if the member, being an affiliate or associate affiliate of the National Trades Union Congress, ceases to be so affiliated; or
if a resolution is passed at a general meeting of the Foundation that such member should cease to be a member of the Foundation; or
for such other reason as to the Board may seem just or proper.