Page 21 - Annual Review 2018/2019

The Annual General Meeting (AGM)

An AGM convenes once a year in the second half of the Membership Year.

The purpose of the AGM is, among others, to approve or decline:

• The setting of Annual Membership Fees
• The financial status of INTERCARGO
• The election of the Chairman and Vice-Chairmen – as applicable
• The activities and membership in the preceding year.
• Any other formal announcements.
• Any other business.
• The setting of objectives for the future.

 Please refer to Section 6 of INTERCARGO’s Constitution for details.

The Executive Committee (ExCom)

The Executive Committee is formed to assist the Management Committee and consider matters related to
INTERCARGO. In general it discusses the activities of INTERCARGO and considers the future actions and
objectives.

One representative of any Full Member is eligible for membership of the Executive Committee at any
time. Any resolutions proposed at an Executive Committee meeting will be passed, wherever possible, by
consensus. In the event that this is not possible, voting will take place by a show of hands by majority of Full
Members present.

Two Executive Committee meetings take place in each calendar Year unless decided otherwise by either the
Management Committee or the Executive Committee.

 Please refer to Section 11 of INTERCARGO’s Constitution for details.

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