Dissolution of the Association

Article 15– Dissolution and Winding-Up of the Association

15.1 The dissolution of the Association shall be decided by a special resolution of the General Assembly, supported by at least seventy five percent (75%) of the votes of all the Members, including Associate Members.

15.2 The assets of the Association shall be distributed among Members at that time, in proportion to the fees they have paid, after satisfaction of creditors of the Association.

15.3 The General Assembly shall by resolution, decide on the manner of distributing any remaining assets of the Association, to third parties, after liquidation.