Members

Article 4

The association consists of Institutes of internal auditing from different countries, provided that these institutes have legal personality in their country of origin.

Article 5

The association has members entitled to vote and members not entitled to vote.

The members entitled to vote are the members who signed the memorandum of association as well as the members entitled to vote who represent a professional association and who are accepted by the General Assembly of members entitled to vote upon proposal of the Management Board by at least a two-thirds majority of the votes.

The association can also have members not entitled to vote, who have to be accepted by the Management Board.

Article 6

Membership is terminated automatically in case of dissolution of the legal entity of the member. It is also terminated if a member notifies his retirement from this association in writing to the President of the Management Board or if the General Assembly decides to exclude a member in the manner defined below.

Article 7

The exclusion of members from the association, regardless of whether they are entitled to vote, not entitled to vote or honorary members, can be proposed by the Management Board after having heard the members concerned.

The decision to exclude a member is taken by the General Assembly with a majority of two thirds of the votes of the members present or represented.

Article 8

The members entitled to vote pay a contribution, the amount of which is determined annually by the General Assembly upon proposal of the Management Board.