By-law

TURKISH MINERS ASSOCIATION BY-LAW

I- NAME AND HEADQUARTERS OF THE ASSOCIATION

Article 1- Name of the association: TURKISH MINERS ASSOCIATION The headquarters of the association is in Istanbul. 

Agencies may be opened and closed in provinces, districts and abroad that are to be deemed appropriate by the Board of Directors. The agencies shall prepare annual reports on their activities and submit them to the Board of Directors.

II- OBJECTIVES AND ACTIVITIES OF THE ASSOCIATION

Article 2- Objective of the association: The association was established in order to organize the country's mining activities, inform its members about its knowledge and activities, and contribute to the improvement of the sector.

Article 3- Association Membership: Persons who adopt the Association By-law and objectives therein; primarily the real persons who are of or above age 18 and have capacity to act that are members of domestic- or foreign-capital public or private institutions that have the scope and the qualifications written in Article 2 of the By-law as well as legal persons who are subject to the same conditions may become a member of the Association.

In case the companies become members by maintaining their legal personality, the Chairman of the Board of Directors or the person assigned as his/her representative shall cast vote. When the role of the person as the chairman or the representative is completed or terminated, the person to cast vote for and on behalf of the legal person shall be redetermined by the relevant company and notified to the association.

The resolution of the Board of Directors of the Association on the rejection of the candidate's request shall be final; therefore, no objections may be raised to anywhere.

Representatives of the real and legal persons who are foreign citizens and want to become a member of the association have to have residence permit in Turkey.

Persons for whom the laws state that they may not be members of the association and primary and secondary school students may not be members of the association.

No one may be forced to become or remain a member.

Field of activity:

Article 4-

a) Conducting studies to improve and protect the country's mining activities and increase the knowledge and solidarity among its members;

b) Conducting necessary research and investigations to technically and economically improve mining, informing members and offering the results for the benefit of the members;

c) Assisting legal and administrative arrangements made by the authorities in all matters related to the mining sector of the country, having research and examinations carried out and making proposals in accordance with the results thereof and taking necessary steps for realizing these proposals, monitoring the results thereof and enlightening the public through media organs;

d) Monitoring World's Mining activities closely, gathering information, submitting the collected results for members' and authorities' information;

e) Monitoring economic and commercial changes in the world closely and informing the members and the authorities about the mine production amount, sale prices and conditions, innovations and developments in the sector;

f) Conducting research to enable pier and port works for transportation, tariffs, railway, sea and land roads in order to meet the needs of mining in terms of the sector;

g) Conducting research and examinations to assist in providing technical staff, financing, means of production and auxiliary materials, etc. needed by the mining institutions and enterprises;

h) Monitoring the activities of the mining institutions and informing the association members so that they may work for the benefit of the association;

i) Holding vocational and technical meetings and participating similar meetings organized, publishing any vocational materials, and taking initiative and performing work in favor of the sector if needed in order to achieve the goal and purpose of the Association, which is to improve country's mining operations and help it take its place among the global mining, where it belongs;

k) Organizing courses, seminars and congresses in order to train the auxiliary staff that the sector needs; cooperating with related organizations and educational institutions on these matters;

l) Cooperating with other legal institutions working in the direction of the Association's objective, providing mutual assistance and solidarity;

m) The Association's legal personality may become a member of supreme organizations operating nationally and internationally that are deemed beneficial by the Association in achieving its objectives by the resolution of the General Assembly or withdraw from membership.

n) The Association, may create a platform, establish a foundation inter se or with other foundations, unions or similar non-governmental organizations, be a founding member or a member of the Foundations in order to realize a common objective and with the resolution of authorized bodies on the fields that are related to its objectives and not prohibited by laws. These institutions may not be established and operate for the purposes and activities that are prohibited for the associations by laws.

o) The Association may borrow funds when needed with the resolution of the Board of Directors in order to achieve its objective and carry out its activities. Such borrowing may be in the form of purchase of goods and services on credits as well as in cash. However, such borrowing may not be in sums which exceed sources of income of the Association and in such a way to cause financial difficulty for the Association. The Board of Directors may not borrow funds that exceeds half of the income amount of the previous period. Maturity dates of the borrowings may not exceed the date of the General Assembly.

ö) The Association is a member of the Association of Mining Sector Presidents Council and Federation of Associations in the Sector.

Article 5- The Association shall carry out its activities under the scope of permit-required works and prohibitions. It may not engage in politics or trade. Obeys the prohibitions set forth in the Associations Law No. 5253.

III- FOUNDERS OF THE ASSOCIATION

Article 6- Founders of the association, their names, surnames, occupations, residences and nationalities are as follows. 

1. ETİBANK for and on behalf of its affiliates and subsidiaries, Galata Bankalar Cad. Republic of Turkey,

2. General Selahattin Adil, Vice President for and on behalf of Turkish Chrome Producers, Galata Sigorta Han, Republic of Turkey,

3. Nadir Hakkı Önen, Mining Engineer, MSc. for and on behalf of Lignite Producers Association, Soma, Republic of Turkey,

4. Reşit Osman Gencer, Mining Engineer, MSc. for and on behalf of Fethiye Şirketi Madeniyesi T.A.Ş., Galata Muradiye Han, Republic of Turkey,

5. Kemal Onurad, Attorney at Law for and on behalf of Mineral Exploration and Operation Company, Galata Sermet Han, Republic of Turkey;

6. Hadi Yener, Mining Engineer, MSc., Ankara Yenişehir Izmir Cad. 18, Republic of Turkey,

7. Tradesman Ragıp Özdemiroğlu for and on behalf of Özdemir Antimuan Madenleri Ltd. Şti., Galata Voyvoda Cad. Ankara Han. Republic of Turkey,

8. Hamit Karaorman for and on behalf of Türk Maadin A.Ş., Beyoğlu Yeni Han, 45-42, Republic of Turkey,

9. Canik Verter, Mining Engineer, MSc., Karaköy Palas 3-20, Republic of Turkey,

10. Orhan Brant for and on behalf of tradesman Orhan Brant and its partner Krom Komandit Company, Galata, Perşembe Pazarı Aslan Han, Republic of Turkey,

11. Oğuz Akal for and on behalf of Kromit Company, Tophane İskele Cad No. 28/1, Republic of Turkey.

IV- CONDITIONS AND WAYS OF ACCESSION IN, SECESSION FROM AND TERMINATION OF THE ASSOCIATION

Member Qualifications and Conditions:

Article7- Real persons and representatives of legal entities, having the qualifications set forth in the third article, being age of 18, authorized to exercise civil rights and not having the inconveniences prohibited by the Associations Law No. 5253 may become members of the Association with the suggestion of at least two members of the Board of Directors. Persons who engaged in fraudulent and negligent bankruptcy or involved in a concordatum may not become members of the Association. Positions and qualifications of the persons who applied for association membership shall be examined by the Board of Directors. A signed application document is obtained from those who are found appropriate stating that they agreed upon all the provisions of the by-law. Necessary procedures are carried out in accordance with the Law No. 5253.

Types of membership to the Association are as follows:

1- Honorary Member

2- Real Persons

3- Legal Persons

a- Legal Persons Who Are Mine Producers

b- Legal Persons Who Are Not Mine Producers

The Board of Directors is authorized to determine, reduce and increase the joining fees and monthly subscription fees according to the type of membership.

Honorary Membership

Real or legal persons who provide the Association, the profession, the country's mining sector, the country or the humanity with their meaningful and distinguished services may become Honorary Members with the suggestion of the Board of Directors and the resolution of the General Assembly. Honorary members are not entitled to cast votes and do not pay subscription fee.

Secession from Membership:

Article 8-Every member may secede from membership upon their written application. Such members are obliged to pay their subscription fee debts.

Termination of Membership:

Article 9-The Board of Directors may decide on the termination of membership of the members who lost their legal capacity, performed activities against the Association and its fields of activities or involved in humiliating acts, insist on not paying the monthly dues and violate the Associations Law No. 5253. The body to object this resolution is the first General Assembly.

V- ORGANS OF ASSOCIATION, GENERAL ASSEMBLY OF ASSOCIATION AND CONVENTION OF GENERAL ASSEMBLY

Article 10- Organs of the Association are General Assembly, Board of Directors and Board of Auditors.

Legal persons shall be selected as members of the Board of Directors and Board of Auditors as legal persons. Legal persons are represented by the Chairman of the Board of Directors or the person to be left in charge by him/her in the Board of Directors or Board of Auditors. When the presidency or representation duty of a person comes to an end, the person to perform duty and cast a vote in the General Assembly, Board of Directors or Board of Auditors shall be re-determined by the legal person. The person who will use the authority to represent the legal person must have the membership conditions stipulated for the real person members.

Convention of General Assembly:

Article 11-The General Assembly is composed of members registered with the Association pursuant to the procedures and regulations. Every member is entitled to cast one vote in the General Assembly. The General Assembly shall hold an ordinary meeting in the month of May every two years. In addition, when the Board of Directors and Board of Auditors deem it necessary, or upon the written request by one-fifth of the members of the Association, the General Assembly shall hold an extraordinary meeting. The General Assembly meets in accordance with the Association By-law with the participation of one more than the half of the members who are entitled to attend the General Assembly. If a sufficient number of persons does not attend the first meeting, the majority in the second meeting shall not be sought. However, the number of the members attending the second meeting may not be less than two times the total number of the members of the Board of Directors and Auditors. Resolutions shall be passed by the majority of the present members.

The Board of Directors calls the members for the meeting by announcing the date, time, place and agenda thereof fifteen days before the meeting. In this announcement, the time and place of the second meeting is stated in case the majority may not be provided in the first meeting.

Operation, Duties and Authorities of General Assembly:

Article 12- The General Assembly shall be started by the Chairman of the Board of Directors. A chairman, one or two Vice Chairmen and a clerk are appointed to the General Assembly. Minutes and resolutions of the General Assembly are signed by the Chairman and Vice Chairmen as well as the clerk and are notified to all the members by a brief note. The General Assembly may not carry out activities outside the agenda. A new article may be inserted to the agenda of the General Assembly or order of the agenda items may be changed by one tenth of the General Assembly.

The General Assembly is authorized to pass any resolution relating to the Association and Management within the framework of the laws. For instance, the General Assembly is authorized to appoint member to the Board of Directors, examine and ratify the annual accounts and budget, resolve on indebtedness of the Association, justify the Board of Directors, appoint members to the Board of Auditors, amend By-laws and terminate the Association and liquidate assets of the Association and resolve on the way of liquidation, appoint representatives for the Federations of which the Association is a member and purchase and sell the immovable properties of and for the Association.

Organization, Working Principles, Duties and Authorities of the High Advisory Board:

Article 13- 

High Advisory Board is the highest advisory body of the Association. Members of the High Advisory Board consist of 15 persons chosen by the Board of Directors for a period of 2 years and the former chairmen of the Board of Directors and of the High Advisory Board. The High Advisory Board choses one chairman, one vice chairman and a secretary member in the first meeting. The same member may be selected as the chairman in two successive terms.

The High Advisory Board convenes at least twice a year with the invitation of the Chairman of the Board and with the absolute majority of the total number of the members, negotiates the issues and takes resolution with the votes of the absolute majority of the attendees at the meeting. The chairman of the board may announce the resolutions to the public.

The resolutions of the Board are of an advisory nature and shall not be binding for the Board of Directors. Depending on the nature of the agenda, representatives of the executive, legislative and judicial bodies, non-governmental organizations, municipalities, professional societies having public legal personality and the supreme organizations thereof, members of academic institutions, Associations, Foundations and association members who are not members of the Board may be invited regularly or temporarily by the Presidency of the Board to the meetings of High Advisory Board in order to benefit knowledge and experiences thereof and exchange ideas. These persons may not attend the voting that will take place in the Board. 

Primary duties of the High Advisory Board: examining the general situation and the problems of the mining sector and giving advices that will contribute to the growth of the sector and direct long-term strategies, evaluating the strategies to be prepared for the purpose of achieving the objectives of the Association in the most appropriate way and giving advices, examining the activities of the Association in terms of their suitability for the objectives and efficiency in getting favorable results and recommending the necessary precautions, assisting the Board of Directors by evaluating the matters requested by the Board of Directors.

VI- ELECTION OF BOARD OF DIRECTORS AND BOARD OF AUDITORS, NUMBER OF FULL MEMBERS AND ASSOCIATE MEMBERS, THEIR DUTIES AND AUTHORITIES

Board of Directors:

Article 14- The Board of Directors consists of 9 full members and 5 associate members elected through secret vote by the General Assembly for a period of two years. In case of vacant membership in the Board of Directors within the aforesaid period, associate members with the highest number of votes shall be appointed to the Board of Directors successively. The Board of Directors appoints one Chairman, one Vice Chairman and a Treasurer from among its members. The Board of Directors shall appoint a General Secretary from within without pay or outsource with pay. The General Secretary shall perform its duty in line with the laws, by-laws, decrees and communiqués, Board of Directors resolutions and the instructions made within the framework of the enforced laws by the Chairman of the Board of Directors, or Chairman's deputy in the absence thereof. The Secretary General shall exchange correspondences. The Association is represented by the Chairman and the Vice Chairman.

Convention, Duties and Authorities of the Board of Directors:

Article 15- The Board of Directors shall be obliged to convene at least once a month. The meeting shall be held by one more than the half of the members and the resolutions are passed by majority. The Board of Directors shall manage all the works and affairs of the Association within the framework of the related provisions of the Associations Law No. 5253, By-laws and resolutions of the General Assembly and conduct activities in parallel with the establishment purpose of the Association. It shall use all authority to achieve its objectives and fulfill its duties. The Board of Directors shall arrange the cadres and expense budgets for submission to the General Assembly. It shall recruit and dismiss personnel. When necessary, it shall select representatives for national and international meetings and contacts with all boards. It shall represent the Association against the official institutions and third persons.

Board of Auditors and Internal Audit of Association:

Article 16 – The Board of Auditors shall be elected by the General Assembly consisting of three full members and three associate members. Internal audit is essential in the Association. The internal audit may be carried out by the General Assembly, Board of Directors or Board of Auditors as well as by the independent audit institutions. Performance of the audit by the General Assembly, Board of Directors or the independent audit institutions shall not remove the liability of the Board of Auditors. The Board of Auditors, shall audit whether the Association carries out activities in accordance with the objective in its By-law and the fields of activity stated to be pursued for the achievement of the objective or not and whether the books, accounts and records are kept in accordance with the legislation and the By-law of the Association or not pursuant to the principles and procedures stipulated in the By-law of the Association and at intervals not exceeding one year. It shall submit the audit results in a report to the Board of Directors and the General Assembly when it convenes. Upon the request by the members of the Board of Auditors, it shall be obligatory that any kind of information, documents and records be made available for review or be delivered by the personnel of the Association, and the request of access in the administrations, entities and ancillaries be satisfied.

The Association shall keep the books that are stipulated by the Associations Law No. 5253, regulations issued based on this law and Article 62 of the Civil Code No. 4771 as well as other laws and regulations in a manner stipulated in the related laws and regulations. These books are required to be certified by the notary or the Provincial Associations Union and be used.

VII- INCOMES OF ASSOCIATION

Article 17- Sources of Income of the Association:

1. The Board of Directors shall determine the joining and monthly subscription fee.

2. Aids and donations voluntarily made to the Association by the real and legal persons,

3. Considerations of vocational and social services performed by the Association,

4. Income generated from the assets of the Association,

5. Aids and donations to be collected in accordance with the provisions of the related legislation on charity collection,

6. The Association may establish a commercial enterprise in order to provide the income necessary for fulfilling the objective of the Association. However, this enterprise to be established may not explore, project, operate and enrich mineral and may not trade, purchase and sell, export and import mineral ore and products.

7. Other incomes.

Principles and Procedures regarding Bookkeeping and Books required to be Kept

Article 18 – Principles regarding Bookkeeping:

The books shall be kept in the Association within the frame of operating account. However, in the event that the annual income exceeds the limit specified in Article 31 of the Regulation on Associations, the book shall be kept according to the principle of balance sheet as of the following fiscal period.

In case the balance sheet principle is applied, if the income falls below the aforesaid limit in two consecutive fiscal periods, the principle of operating account may be started to be applied as of the following year.

Notwithstanding the aforesaid limit, the books may be kept on balance sheet basis upon the Board of Directors resolution.

If a commercial enterprise affiliated to the Association is opened, additional books shall be kept for this commercial enterprise in accordance with the Tax Procedures Code.

Recording Procedure

The books and records of the Association shall be kept in accordance with the procedures and principles specified in the Regulation on Associations.

Books to Be Kept

The following books shall be kept in the Association.

a) The books to be kept on the operating account basis and the applicable principles are as follows:

1- Resolution Book: The Board of Directors resolutions shall be written in this book including the dates and order numbers and the resolutions are undersigned by the attendant members.

2- Member Register: Identity information, entrance and exit dates of the members shall all be registered in this book. Entrance and annual subscription fees of the members may also be entered in this book.

3- Document Registry Book: Incoming and outgoing documents shall be entered in this book including the dates and order numbers. Originals of the incoming documents and copies of the outgoing documents shall be kept in a file. Documents received or sent by electronic mail shall be printed out and kept.

4- Fixtures Book: Date of acquisition, way of use, places of acquisition and the term of use and deletion of entries of the fixtures of the Association shall all be entered in this Book.

5- Operating Account Book: Incomes generated and expenses incurred for and on behalf of the Association shall be clearly and regularly entered in this book.

6- Certificates of Receipt Book: Serial and order numbers of the certificates of receipts, name, surname and signatures of those receiving and returning these documents as well as the dates of receipts and returns shall all be entered in this book.

b) Books to be kept on balance sheet basis and the principles to be complied are as follows:

1- The books set forth in subparagraphs 1, 2, 3 and 6 of paragraph (a) shall also be kept in the case of book keeping on balance sheet basis.

2- Daybook, General Ledger and Stock Book: These books shall be kept and registered according to the Tax Procedures Code and the General Communiqués on Accounting System Application published based on the authority given to the Ministry of Finance by the aforesaid Law.

Book Certification

Before using the books to be kept by the Association, the Association is obliged to have such books certified by the provincial directorate of associations or a notary public. These books shall be kept and used as far as the last page and no interim certification shall be made. However, the books kept on the balance sheet basis and forms as well as books including form pages shall be obligated to be certified each year in the last month before the subsequent year.

Income Statement and Balance Sheet Arrangement

In case of entry on the operating account basis, “Operating Account Statement” (as stated in ANNEX-16 of the Regulation on Associations) shall be arranged at the end of the years (December 31). In case of bookkeeping on balance sheet basis, balance sheets and income statements shall be issued at the end of the years (December 31) based on the General Communiqués on Accounting System Application published by the Ministry of Finance.

Income and Expense Procedures of the Association

Article 19- Income and expense documents;

Incomes of associations shall be collected with a "Certificate of Receipt" (a sample of which is provided in ANNEX-17 of Regulation on Associations). When the incomes of the Association are collected through banks, bank receipts or account statements issued by the bank shall substitute the certificate of receipt.

Expenses of the Association shall be made through vouchers such as invoices, retail sales receipt and self-employed invoices. However, a note of expense shall be issued as per the provisions of the Tax Procedures Code for the Association's payments stated under Article 94 of Income Tax Law and an "Expense Voucher" shall be issued (a sample of which is provided in ANNEX-13 of Regulation on Associations) for payments that are not stipulated under the said Law.

Delivery of goods and services to be made by the Association to persons, institutions or organizations without charge shall be done through "Certificate of Delivery of Aid in" (a sample of which is provided in ANNEX-14 of Regulation on Associations). Delivery of goods and services by persons, institutions or organizations to the Association without charge shall be accepted through "Certificate of Receipt of Aid in Kind" (a sample of which is provided in ANNEX-15 of Regulation on Associations).

Certificates of Receipt

"Certificates of Receipt" (a sample of which is provided in ANNEX-17 of Regulation on Associations) to be used in collecting incomes for the Association shall be printed upon Board of Directors resolution by a printing press.

Printing and checking, taking delivery from the printing press, entering in the book, handover between the former and new treasurers, use of the Certificate of Receipt by any person and persons collecting the incomes on behalf of the Association, as well as delivery of the incomes collected shall all be subject to the related provisions of the Regulation on Associations.

Certificate of Authority

The person or persons to collect incomes as well as their period of authority shall be determined by a Board of Directors resolution. The "Certificate of Authority" (a sample of which is provided in ANNEX-19 of Regulation on Associations) containing the open identification, signature and photograph of the persons to collect incomes shall be issued in three copies by the Association and ratified by the Chairman for the Board of Directors of the Association. A copy of the Certificates of Authority shall be given to Units of Associations. Chairman of the Board of Directors shall notify the Units of Associations of the amendments made in the certificate of authority within fifteen days.

The persons to collect incomes on behalf of the Association may only start collecting the incomes after a copy of the certificate of association issued on names thereof is submitted to the Units of Associations.

Related provisions of the Regulation on Associations shall apply with regard to use, renewal, return of the Certificate of Authority and other related matters.

Term of Preserving the Income and Expense Documents:

Except for the books, the certificates of receipt, expense vouchers and other documents used by the Association shall be preserved for 5 years in accordance with the order number and date orders in the entry books, provided that the terms stipulated in private laws are reserved.

Declaration of Immovable Properties

The Association shall disclose the immovable property the Association acquired to the local authority by filling out and submitting the "Declaration of Immovable Property" form (presented in ANNEX-26 of Regulation on Associations) within thirty days following title deed registration.

Declaration of Aid Received from Abroad 

In the event that the Association is to receive aid from abroad, the Association shall fill out two copies of "Declaration Form of Accepting Aid from Abroad" (stated in ANNEX-4 of Regulation on Associations) and submit them to the local authority prior to receiving the aid.

The declaration form shall be submitted with a copy of the board of Directors resolution issued on acceptance of receiving aid from abroad and protocols, agreements and similar documents, if any, issued on this matter and a copy of bank receipts, additional and similar documents regarding the account to which the aid is transferred.

It is obligatory to receive monetary aids by means of banks and fulfill the obligation of declaration prior to using the aid.

Declaration on Common Projects Executed with Public Institutions and Organizations

Copies of the protocol and project with regard to the common projects executed with the public institutions and organizations in the subject of operation of the Association shall be attached to the "Project Declaration" (stated in ANNEX-23 of Regulation on Associations) and shall be submitted to the Governorship of the province where the Association is located within one month following the protocol date.

Declaration of Changes

Changes in the location of the Association shall be notified by filling out the "Declaration of Location Change" (stated in ANNEX-24 of Regulation on Associations) and changes in Association organs outside the General Assembly meeting shall be notified by filling out the "Declaration of Changes in Association Organs" (stated in ANNEX-25 of Regulations on Association) to the local authority within thirty days following the change.

Amendments made in the By-Law of the Association shall be attached to the General Assembly result notification and declared to the local authority within thirty days following the General Assembly Meeting, at which the By-Law had been amended.

VIII- MANAGEMENT OF ASSOCIATION

Article 20- The Association shall be represented by the Chairman and Vice Chairman before the courts, all governmental bodies and agencies of Republic of Turkey and any and all natural and legal persons. Any of the Chairman and Vice Chairman and the treasurer shall be jointly authorized to withdraw from and deposit to the current bank accounts at the banks and financial institutions and affix their signatures on behalf of the Association.

IX- AMENDMENT OF BYLAWS

Article 21- The Main By-Law of the Association may be amended by the General Assembly resolution. In order to amend the by-law in the first meeting, two thirds of the members shall be obliged to attend the meeting and accept the amendment. This majority is not sought in the second meeting; however, the number of the attendants may not be less than two times of the number of the Board of Directors members and Auditors. However, General Assembly resolution on the amendments made in the By-law and approval of the Regulation on Association shall pass by a majority of two thirds of the attendants. Associations Law No. 5253 and the provisions of this By-law shall apply as to the amendments made in the By-law and the change in the address of the Association.

X- LIQUIDATION OF ASSETS IN CASE OF TERMINATION OF THE ASSOCIATION

Article 22- The termination of the Association is always possible on condition that it is performed in line with Article 15 of the Associations Law No. 5253 and the provisions of the regulation issued based on this Law.

The General Assembly of the Association may always decide on the termination of the association. However, at least two thirds of the members of the General Assembly who are members of the Association and are entitled to attend the General Assembly meeting shall be obliged to attend the meeting to be held for this purpose. In the second meeting, this majority is not sought, but the votes of two thirds of the members present at the meeting is necessary so that the General Assembly may decide to terminate the Association. The termination of the association shall be notified by the Board of Directors through a letter to the local authority within the legal period. A Liquidation Committee shall be established upon the resolution on termination to carry out the liquidation procedures, close the accounts and determine the holdings of the Association at the time of termination.

The Liquidation Committee shall consist of three persons and be elected by the General Assembly. The Committee, transfers the assets and non-cash securities of the Association remaining after the liquidation procedures to the institutions and/or organizations that are stated in the resolution of the General Assembly. If the General Assembly does not issue a resolution, all properties, money and rights of the Association shall be handed on an association having the closest objective and the highest number of members on its closure date by court decision.

In the event of dissolution and termination of the Association or cease of operations, the provisions of the related law shall apply.

Article 23- Provisions of the Associations Law No. 5253 and of the Turkish Civil Code No. 4721 shall apply in the event there is no related provision and explanation in this By-Law.

Ali EMİROĞLU  Chairman	Mehmet YILMAZ 2nd Chairman	Ercan BALCI General Secretary
Zeki BEŞİRLİ Treasurer	Barış ERDEM Treasurer	Haluk VARDAR Treasurer
Serpil DEMİREL Treasurer	Ramazan YÖN Treasurer	M. Zeki SAYILIR Treasurer