Hong Kong Regulations

THE HONG KONG ASSOCIATION OF BANKS BY-LAWS - BYLAW 30

Entrance fees and subscriptions

PART V

SUBSCRIPTIONS AND ACCOUNTS

(1) The Committee shall fix the entrance fee and annual subscription payable
by each member, and may also determine the amount and date of payment of any
special subscriptions that may be required from members to meet costs,
expenses or liabilities incurred or entered into by the Association in
pursuance of any object of the Association or in connection with any matter or
thing reasonably incidental thereto.

(2) If any member fails to pay any fee or subscription under paragraph (1)
within 1 month of a formal demand from the Committee for the payment thereof,
the Committee may, for so long as the member continues not to pay such fee or
subscription-

   (a)  if the member is a member of the Committee or the Council, suspend or
        revoke such membership;

   (b)  deprive the member of the right to be a candidate for an election to
        the Committee or the Council;

   (c)  deprive the member of the right to vote in any such election or to
        sign a nomination for any such election or to propose or second any
        other member for election.

(3) The Committee may exercise all or any of the power conferred on it under
paragraph (2) in relation to a member.

(4) Where a member fails to pay in the circumstances described in paragraph
(2), the Committee shall so inform the Financial Secretary and shall also
inform him of the exercise or proposed exercise of any power under paragraph
(2).