Statute

TURKISH PHARMACEUTICAL TECHNOLOGY RESEARCHERS ASSOCIATION CHARTER

PART I

FOUNDATION: Name, Head Office and Activities of the Association

Article1. An Association named “Turkish Pharmaceutical Technology Researchers Association” was founded by the persons whose names are written below.

Article 2 – The head office of the Association is located in Ankara.  The Association has no branches.

Article 3. The aim of the Association is to carry out pharmaceutical technology research and research in the fields of industrial pharmaceutical technology, biopharmaceutics, pharmacokinetics, pharmaceutical biotechnology, cosmetology and radiopharmacy that are the sub branches of pharmaceutical technology.  For this purpose, the Association carries out the below activities:

1. Supports all scientific research and researchers related to Pharmaceutical Technology; cooperates with foreign science and research institutions and invites domestic and foreign speakers to seminars and conferences it organizes. Undertakes the expenses related to the above mentioned events by the decision of the Board of Directors.
2. Makes and encourages any publications and broadcasts such as fliers, duplicates, books and films about the results of research and investigations.
3. Supports the Pharmaceutical Technology department of the Schools of Pharmacy by providing the journals and books about the scientific field within possibility.
4. Supplies the devices, materials and immovable properties to be needed in the scientific studies related to pharmaceutical technology.
5. Rewards people who demonstrate success and excellence in the academic and industrial studies in the field of Pharmaceutical Technology. Provides social solidarity between members; supports their works about the occupation in every aspect and grants awards.
6. Carries out international scientific activities and can join the scientific associations and institution as a member by the decision of the Board of Directors provided that it receives permission from the concerned ministries and authorities.
7. Makes recommendations in scientific and technological studies and attends contributes to publications, meetings and organizations so that Turkish Industrial Pharmaceutical Technology firms and employees can reach the level of global pharmaceutical industry.

Under no circumstances is the Association engaged in politics.

PART II

FOUNDERS OF THE ASSOCIATION

 

Article 4. The names and surnames, occupations and residence addresses of the founders of the Association is listed below.

1)	Name and Surname	:	Abidin Atilla Hıncal, Prof. Dr.
	Occupation	:	Pharmacist
	Father’s Name	:	Ali Rıza
	Place and Date of Birth	:	Balikesir, 1940
	Citizenship	:	Republic of Turkey
	Residence Address	:	Mesa Güneş Sitesi, Turgutlu Sok. No: 15/14 GOP/ANKARA
2)	Name and Surname	:	Murat Şumnu, Prof. Dr.
	Occupation	:	Pharmacist
	Father’s Name	:	Cevat
	Place and Date of Birth	:	Ankara, 1944
	Citizenship	:	Republic of Turkey
	Residence Address	:	Gençlik Cad. No: 143/3 Anıttepe/ANKARA
3)	Name and Surname	:	Süheyla Kaş, Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Mehmet Agah
	Place and Date of Birth	:	Salihli, 1946
	Citizenship	:	Republic of Turkey
	Residence Address	:	Yirminci Sok. No:19/8 Bahçelievler/ANKARA
4)	Name and Surname	:	Yılmaz Çapan, Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Alipaşa
	Place and Date of Birth	:	Erzurum, 1950
	Citizenship	:	Republic of Turkey
	Residence Address	:	Meneviş Sok. Misket Apt. No:5/5 Aşağı Ayrancı/ANKARA
5)	Name and Surname	:	Ayşe Nurten Özdemir, Assoc. Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Süleyman Necati
	Place and Date of Birth	:	Ankara, 1957
	Citizenship	:	Republic of Turkey
	Residence Address	:	Metroloji Mebusevleri Konut Sok. 2214 ANKARA
6)	Name and Surname	:	Nevin Çelebi, Assoc. Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	İsmail
	Place and Date of Birth	:	Mardin, 1951
	Citizenship	:	Republic of Turkey
	Residence Address	:	27 Sok. No:14/4 Bahçelievler/ANKARA
7)	Name and Surname	:	Günsel Bayraktar-Alpmen
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Ahmet Feyzi
	Place and Date of Birth	:	Burdur, 1938
	Citizenship	:	Republic of Turkey
	Residence Address	:	Hakkak Yümni Sok. No:22/7-B Baltalimanı/İSTANBUL
8)	Name and Surname	:	Ayla Gürsoy, Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	İhsan
	Place and Date of Birth	:	İstanbul, 1936
	Citizenship	:	Republic of Turkey
	Residence Address	:	Valikonağı Cad. No:171/18 ISTANBUL
9)	Name and Surname	:	Tamer Güneri, Prof. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Mustafa
	Place and Date of Birth	:	Karaburun-Izmir, 1944
	Citizenship	:	Republic of Turkey
	Residence Address	:	Ege Üniversitesi Lojmanları A Blok 2 A 35050 Bornova/IZMİR
10)	Name and Surname	:	Yasemin Yazan, Doç. Dr.
	Occupation	:	Pharmacist, Academic Member
	Father’s Name	:	Şefki
	Place and Date of Birth	:	Nazilli, 1953
	Citizenship	:	Republic of Turkey
	Residence Address	:	Hoşnudiye Mah. İsmet İnönü Cad. Sakinler Apt. No:45/6 ESKİŞEHİR
11)	Name and Surname	:	Nevhiz Pak
	Occupation	:	Pharmacist
	Father’s Name	:	Mustafa
	Place and Date of Birth	:	Üsküdar-Istanbul, 11.09.1927
	Citizenship	:	Republic of Turkey
	Residence Address	:	Maya Sitesi Düzgören Sok. Blok 5/d/7 Beşiktaş/ISTANBUL
12)	Name and Surname	:	Ahmet Müderrisoğlu
	Occupation	:	Pharmacist
	Father’s Name	:	Ahmet Kemal
	Place and Date of Birth	:	Istanbul, 25.05.1943
	Citizenship	:	Republic of Turkey
	Residence Address	:	Arifi Paşa Korusu No:6/6 Bebek/ISTANBUL
13)	Name and Surname	:	Altan Demirdere, Dr. Pharm.
	Occupation	:	Pharmacist
	Father’s Name	:	Abdülkerim
	Place and Date of Birth	:	Adana, 21.09.1957
	Citizenship	:	Republic of Turkey
	Residence Address	:	Baharistan Sok. Baharistan Apt. No:20/9 Yeşilköy/ISTANBUL
14)	Name and Surname	:	Nurettin Turan
	Occupation	:	Pharmacist
	Father’s Name	:	Yusuf
	Place and Date of Birth	:	Kadıköy-Istanbul, 1934
	Citizenship	:	Republic of Turkey
	Residence Address	:	Kazım Orbay Cad. Engin Apt. No:40/8 80260 Şişli/ISTANBUL

PART III

 

MEMBERSHIP, RESIGNATION FROM MEMNERSHIP AND CANCELLATION OF MEMNERSHIP

 

Article 5. Each and every natural or legal person with a capacity to act, who have adopted the aim and principles of the Association who agrees to work accordingly and meets the conditions prescribed by the regulations has the right to become a member of this Association under the following conditions. The provisions of the Law of Associations regarding becoming a member, resignation from membership and membership rights are reserved.

1. a) Permanent members should have one of the below mentioned qualities

1) Holding or continuing master’s (Specialization in Science) or doctorate degree in Pharmaceutical Technology,

2)   a- Having graduated from pharmacy, medicine, chemistry or biology and working at academic, public or private organizations operating in the field of pharmaceutical technology in drug investigations, development, registration and manufacturing.

      b- Members from other fields of pharmaceutics and pharmaceutical industry may be accepted (marketing, sales, human resources, etc.). However, the number of those members cannot exceed the 20% of the total number of members.

3) The candidate should be recommended by two permanent members to be to the member of the Association. The applications submitted for membership are finalized by the Board of Directors within thirty days at the latest and the decision is communicated to the concerned person in writing.

4) Legal persons that operate on the corporate level in the other fields of pharmaceutical technology and/or pharmaceutical sciences and/or internationally; that provide monetary and moral support for the national and international activities of TÜFTAD and organize joint scientific, regulatory and educational programs; and that provide corporate support for the development of the other fields of pharmaceutical technology and pharmaceutical sciences in our country may be registered as members.  In case a legal person becomes a member, the President of the Board of Directors or a designee of the legal person votes.  When the chairmanship or representation of that person expires, the person to vote on behalf of the legal person is designated again.

Founding members are the permanent members of the Association.

1. b) The natural or legal persons who are closely interested in pharmaceutical technology and who demonstrate their interest through any actual pro bono activities in line with the aims indicated in the article 3 of the Association’s Charter are granted the title “TÜFTAD Honorary Member” in case they are recommended by TÜFTAD members with the justifications and/or directly by the decision of the Board of Directors. Honorary members do not have a voting right.

The below criteria are sought for the title of honorary membership:

— Having made exceptional contributions to the domestic development of the field of pharmaceutical technology and having supported the researchers of our country through their top-tier research,

— Being a scientist who is deemed worthy of the awards of internationally reputed/prestigious institutions in pharmaceutical technology and other sub-branches of pharmaceutical sciences,

— Having honored the Association/the field of pharmacy/the country through their services in the field of pharmaceutical technology.

The persons granted the titles of “TÜFTAD Honorary Member” do not have an obligation to pay annual membership fee.  The said persons are given a certificate and a badge of “Honorary Member”. If the persons granted the title “TÜFTAD Honorary Member”, are registered to the Association as permanent members, they reserve the rights of the permanent members.

 

TERMINATION OF MEMBERSHIP:

Article 6. Termination of membership is in the form of resignation from membership or cancellation of membership.

1. a) Every member may leave the Association at any time. However, they should notify the Board of Directors of their request. If the member justifies their decision with the fact that a feasible request was not fulfilled, the Board of Directors investigates the case and communicates the justification of the decision to the member.  If the member insists upon resigning, their resignation is accepted and is communicated to the member in writing.  If such a person reapplies to the Association for membership, they may become a member again by the decision of the Board of Directors.  If that case, they are qualified as newly registered member.

1. b) In accordance with the related articles of the Law of Associations, the membership of the persons who lose the right of affiliation with associations is cancelled. The membership of those who act in violation of the Association’s Charter may be cancelled upon the joint justified written proposal of minimum three members. The decision is communicated to the member in writing with its justification. The member reserves the right to object to that decision within one month.  In case of objection, the case is investigated by the board that made the decision.  In case the board insist on their first decision, this is communicated to the member in writing  The member may once more object to that last decision in writing in the first ordinary meeting. The General Board has to put the issue on the agenda to be discussed.  The objection is read out loud and the defense of the member is heard.  The decision of the General Board is final.

1. c) The member who does not pay their annual fee within the six months from the end of the year is sent a notice, a letter and/or an e-mail. A two-month period is given to the member from the date of notification. The membership of the person who does not pay their fee at the end of that period is cancelled by the decision of the Board of Directors.  The fee for the previous period is collected with 50% increase from the member who wants to continue their membership.

 

PART IV

 

Article 7. The bodies of the Association are the General Board, the Board of Directors and the Supervisory Board.

GENERAL BOARD:

 

Article 8. The General Board is comprised of the permanent members of the Association.  Each member has one voting right in the ordinary meeting.  The member has to vote in person.  Honorary members may participate in the meeting, they have the right to speak, but they cannot vote and be elected for the bodies.

CONVOCATION OF THE ORDINARY MEETİNG:

 

Article 9.

1. a) The ordinary meeting of the Association is held biennially upon the invitation of the Board of Directors in June, in the province where the head office of the Association is located. The Board of Directors issues a list of the members entitled to participate in the ordinary meeting in accordance with the Association’s Charter. The members to participate in the ordinary meeting are summoned to the meeting at least fifteen days in advance by written notice or by announcing in a newspaper or by e-mail with the day, time, place and agenda being stated.  In the summons, the date the second meeting is also given in case the meeting cannot be held due to lack of majority. The interval between the first and the second meetings cannot be less than one week and more than two months.

            If the meeting is postponed for a reason other than lack of majority, the case is announced to the members with the reason in accordance with the summoning procedure for the first meeting.  The second meeting should be held in not more than six months from the postponement date.  The members are summoned to the second meeting in accordance with the rules indicated in the first paragraph.

The ordinary meeting cannot be postponed more than once.

1. b) Extraordinary General Board: Holds extraordinary meetings when deemed necessary by the Board of Directors or the Supervisory Board or upon the written requests of one in five of the members.

ORDINARY MEETING:

 

Article 10. The General Board convenes with the participation of one more than half of the members with the right to participate and vote in the ordinary meeting. In case the quorum is not reached in the first meeting, majority is not sought in the second meeting.  However, the number of members who participate in the second meeting cannot be less than the two-folds of the total member number of the Board of Directors and the Supervisory Board. .  If the meeting is postponed due to lack of quorum or another reason, the postponement is announced to the members with the reasons by placing a second announcement in the newspaper which published the announcement for the meeting. The second meeting should be held in not more than two months from the postponement date.  The ordinary meeting cannot be postponed more than once.

THE PROCEDURES OF HOLDING THE ORDINARY MEETING AND METHODS OF VOTING AND DECISION MAKING:

 

Article 11.

1. a) If the required number of members has been reached, the meeting is opened by the president of the Board of Directors or another member to be designated by them. A chairperson, a vice chairman and two clerks are elected to conduct the meeting. The president of the General Board is responsible for conducting the meeting.  The clerks take down the minutes of the meeting and sign it jointly with the chairperson.  At the end of the meeting, the entire minutes and other documents are submitted to the Board of Directors.  Only the items on the agenda are discussed in the meeting.  However, the agenda may be changed upon the request of at least one tenth of the participant members.
2. b) Voting is performed according to secret voting and open counting procedure. The decisions are made by the votes of one more than half of the members who participate in the meeting.

DUTIES AND POWERS OF THE GENERAL BOARD:

Article 12. The duties and powers of the General Board are as follows:

1. To elect the Board of Directors and the Supervisory Board of the Association including the substitute members,
2. To discuss of the reports of the Board of Directors and the Supervisory Board and to acquit the Board of Directors
3. To discuss the budget prepared by the Board of Directors and approve the budget as is or as amended.
4. To authorize the Board of Directors for purchasing the immovable properties needed by the Association or selling the existing immovable properties
5. In accordance with the article 5 of the Law of Associations, to make decisions about carrying out international activities or cooperation, and joining the scientific associations or institutions established abroad to achieve the aims indicated in the Charter.
6. To make decisions about participation of the Association in a related federation, founding a federation with similar organizations or resigning from those federations.
7. To dissolve the Association
8. To carry out the other duties indicated in the regulations and the Association’s Charter to be carried out by the General Board.
9. To make amendments in the Charter. The Charter may be amended by the General Board upon the proposal of the Board of Directors or upon the written request of minimum one tenth of the members. The approval of the proposal by 2/3 of the members participating in the ordinary meeting is required for the amendment of the Charter.

ORGANIZATION OF THE BOARD OF DIRECTORS:

 

Article 13. The Board of Directors comprise of seven permanent and seven substitute members to be elected by the General Board by secret voting from among the permanent members for two years

The members of the Board of Directors divide the tasks at their first meeting by electing a president, a vice-president, a secretary general and a bookkeeper.

The vice-president substitutes the president in the absence of the president.  The Board of Directors convenes at least every two months.  The decisions are made by the majority of votes of the participating members.

The membership of the Board of Directors of a member who does not participate in the meeting without any excuse for successively two times, or four times within six months even if they have given an excuse, is cancelled.  The president communicates this to the concerned member in writing after presenting it to the Board of Directors.

In case of a vacancy for the membership of the Board of Directors, substitute members are invited to the meeting in the order of the number of votes they have taken.

In case the number of the Board of Directors fall to less than four including the substitute members due to resignation from membership or other reasons, the present members of the board of Directors or the Supervisory Board summon the General Board to the ordinary meeting within one month.  In case the General Board is not summoned, upon the application one of the members of the Association, the local justice of peace holds a hearing and designates the person they will select from among the members to convene the General Board within one month.

The General Board is not deemed to have convened unless minimum four members are present in the Board of Directors.  This is written in the minute book of the Board of Directors.

1. President of the Board of Directors: Represents the Association as the general president of the Association. Implements and have others implement the decisions of the Board of Directors.
2. Vice-president of the Board of Directors: Has the powers and duties of the president in the absence of the president.
3. Secretary General: Keeps the member register, minute book and incoming and outgoing documents book of the Association and makes correspondences. Carries out the procedures required for ordinary meetings. Carries out the transactions of the Association in accordance with the decisions of the Board of Directors. Organizes meetings based on the related temporary rules. Announces activities and new developments to the members.  Prepares a work report to be submitted to the Board of Directors once every six months.
4. Bookkeeper: Duly keeps the income and expense accounts of the Association. Collects the fees against a receipt and keeps the money of the Association in a national bank. Deposits the income to an account at the bank within three days.  Prepares and budget and the balance sheet.  Keeps income and expense, budget final account and balance sheet books for that purpose.  Prepares a report about the budget status to be submitted to the Board of Directors at the end of every six-month period.

DUTIES OF THE BOARD OF DIRECTORS:

Article 14. The Board of Directors, which is the executive body of the Association fulfils the below duties:

1. The president represents the Board of Directors. The Board of Directors represents the Association and may grant representative authority to one or more of its members to that effect.
2. Prepares a work schedule and presents it to the General Board.

• Decides upon the applications of the candidates who want to be a members of the Association.

1. Decides upon the donations made to the Association.

• Is involved in any activities and operations of the Association that are fit for the purpose, and searches for opportunities to generate income.

1. Prepares an agenda for the ordinary meetings and hold the ordinary meeting .
2. Prepares the periodical activity report of the boards of directors fifteen days prior to the ordinary meeting.
3. Prepares and submits to the General Board their proposals for the amendment of the Charters where necessary.
4. Performs the income and expense transactions of the Association and prepares the budget for the next period and presents it to the General Board.
5. Implements the decisions made in the ordinary meeting.
6. Carries out the tasks assigned by the Association’s Charter and laws and uses their powers. Sets the wage of the personnel to be employed at the Association and decides upon the procedures of employment or termination.

 

SUPERVISORY BOARD:

Article 15 – The Supervisory Board is elected by the General Board as three permanent and three substitute members.  The board fulfils its duty of audit in maximum six-month intervals according to the procedures and principles set forth in the Association’s Charter and summons the General Board for an extraordinary meeting in case of any issues.

REPORTING THE MEMBERS ELECTED FOR THE BODIES:

Article 16. The name and surname, father’s name, place and date of birth, occupation and places of residence of the permanent and substitute members of the Board of Directors and the Supervisory Board are communicated by the president of the Board of Directors in writing within thirty days from the election held by the General Board.

PART V

Financial Provisions

THE INCOME OF THE ASSOCIATION:

Article 17 – The income sources of the Association are listed below.

1. Membership fees: The admission charge and the annual membership fee of the Association are determined every year by the Board of Directors.
2. The income to be obtained from the publications made by the Association, and any social, scientific and cultural activities such as lottery, balls, entertainments, conferences, seminars, workshops, theatre and ballet performances, etc. organized by the Association.
3. The interest and bonus from the money of the Association kept at banks.
4. Income obtained from the properties of the Association,
5. Any other income allowed by the law of associations.

 

EXPENSES OF THE ASSOCIATION:

Article 18. The decision of the Board of Directors is required for the expenses over 500 TL (five hundred Turkish liras) made by the Association to achieve its purposes.  Expenses up to 500 TL (five hundred Turkish Liras) are made by the decision of the President, Secretary General and the Bookkeeper and presented for the approval of the board in the first meeting of the Board of Directors.

INCOME AND EXPENSE PROCEDURES:

Article 19. The incomes of the Association are collected against a receipt and expenses are made by an expense document.  In case the revenues of the Association are collected via banks, the documents issued by the bank such as a statement of account or account abstract substitute the certificate of receipt.  The period of maintenance of the certificates of receipt and expense documents is five years.

The certificates of receipt to be used for collecting the Association’s incomes are printed by the decision of the Board of Directors.  The considerations regarding the form, printing, approval and use of the certificates of receipt and the power of attorney to be used for collecting the Association’s income are provided in the related regulation.

The persons to collect the Association’s incomes are assigned by the decision of the Board of Directors and powers of attorney are issued in their name.

The procedures and principles on the books and records to be kept by the Association are set forth in the regulation.  Those books should be certified by the Associations unit or the notary public.

PROTECTION OF THE MONEY AND PROPERTIES OF THE ASSOCIATION

Article 20.

1. The Board of Directors takes the protection measures for the properties of the Association registered to the book of fixtures and has them insured where necessary.
2. The persons authorized and assigned to collect incomes on behalf of the Association deposit the money they have collected to the bank account of the Association or transfer them via banks within 30 days. However, the persons who collect over 1000 TL (one thousand Turkish Liras) have to deposit the money to the Association’s bank account or transfer it without waiting for the 30-day period.
3. Money can be withdrawn from the account opened on behalf of the Association directly or by means of a cheque by the joint signatures of the president of the Board of Directors and the a concerned member. The money withdrawn is spent within maximum fifteen days. In the absence of the president, where authorized by the Board of Directors, the cheque is signed by the vice-president and one of the authorized members of the Board of Directors.

BOOKS OF THE ASSOCIATION:

Article 21. The Association keeps the below listed books.

1. The books to be kept by the operation account method and the principles to be followed are as follows:

• Minute Book: The decisions of the Board of Directors are written in this book in the order of dates and numbers and the decisions are signed by the participating members.
• Membership Register: The identification details of the persons who have been admitted to the Association and their admission and termination dates are entered in this book. The amount of initiation and annual fees paid by the members may entered in this book.
• Document Register: Incoming and outgoing documents are entered in this book with the date and sequence number. The original versions of the incoming documents and the copies of the outgoing documents are filed.  The documents received or sent by e-mail are printed out and the print-outs are kept.
• Book of Fixtures: The date and method of acquisition of the fixtures belonging to the Association as well as the places where they are used or to which they have been given to, and the deletion of those expired from the registry are entered in this book.
• Operating Account Book: The income obtained and expenses made on behalf of the Association are openly and regularly entered in this book.
• Receipt Register: The serial and sequence number of the receipts, the names, surnames and signatures of the people who have received these documents and the dates of receipt and return are entered in this book.

1. The books to be kept and the principles to be followed for balance sheet basis are as follows:

• The books indicated in the sub-clauses 1, 2, 3, and 6 of the Clause (a) are also kept by the associations keeping books on balance sheet basis.
• Day Book, General Ledger and the Inventory Book: The bookkeeping procedure and the registration method for these books are applied in accordance with the General Communiqué on Accounting System Application issued on the basis of the Tax Procedure Law and the power vested in The Ministry of Finance by the said law.

The books listed herein, which have to be kept by the Association, have to be certified by the associations unit or the notary public.

INTERNAL AUDIT METHODS OF THE ASSOCIATION:

The operations and transactions, books and records, the fitness of the activities of the Board of Directors for the purpose, and whether the expenses are in consistence with the budget are subject to the audit to be conducted by the Supervisory Board every six months.  The result of the audit is reported to the Board of Directors and the General Board.

PART VI

Miscellaneous Provisions

AMENDMENT OF THE CHARTER

Article 22. The Charter may be amended in the ordinary meeting.  The 2/3 of the members should be present in the ordinary meeting to discuss the amendment of the Charter. In case the majority is not reached in the first meeting, the members are summoned to the second meeting.  The number of members who participate in the second meeting cannot be less than the two-folds of the total member number of the Board of Directors and the Supervisory Board. .  The decision of amendment of the Charter is made by 2/3 majority of the participating members.

DISSOLUTION OF THE ASSOCIATION:

Article 23 – The General Board of the Association may decide to dissolve the Association at any time.  However, it is imperative that this subject is an item of the agenda and that minimum two thirds of the members of the Association with the right to participate in the meeting be present in the meeting.  In case the majority is not reached in the first meeting, the General Board is summoned to the second meeting.  The number of members who participate in the second meeting cannot be less than the two-folds of the number of members of the Board of Directors and the Supervisory Board. .  However, it is imperative that the decision of dissolution be made by the two-third majority of the members present in the meeting.

The dissolution of the Association is communicated to the Governorate in writing within five days.

AUTOMATIC DISSOLUTION

Article 24. The Association is deemed to have automatically dissolved in cases where it loses the aim and terms of foundation, becomes insolvent or where it is impossible to constitute the Board of Directors according to the Charter, or where the ordinary meeting cannot be held consecutively two times since the quorum indicated in the article 13 is not reached.  Every concerned person may request from the court of peace the confirmation of the automatic dissolution of the Association.

LIQUIDATION:

Article 25. In case the Association is dissolved, a Board of Liquidation comprising of the members of the last Board of Directors is assigned for the liquidation of the money, goods and rights of the Association. The Board of Liquidation is in charge of and entitled to conduct the liquidation procedures of the Association’s money, goods and rights from the beginning to the end. In case of the dissolution and liquidation of the Association, all its properties, money and rights are assigned to another association or organization acting in consistence with the purpose of the Association as determined by the General Board.

The situation is communicated by the Liquidation Board to the civil administration office of the place where the head office of the Association is located within seven days from the completion of the liquidation and succession procedures of the money, goods and rights of the Association, and the Liquidation Record is attached to that letter.

In case the General Board has not made any decision or convened, or the Association has been dissolved by court decree, all properties, money and right of the Association are assigned by the court decree to another association which is closest to the Association in terms of aim and which has the highest number of members on the date it was closed.

BORROWING PROCEDURES:

Article 26– The Association may contract debts by the decision of the Board of Directors to achieve its aim and to carry out its activities where needed.  The debt may be both in the form of purchasing goods and services on credit and in cash.  However, the debt cannot be in amounts that cannot be covered by the income sources of the Association and in a nature to cause difficulty in repayment for the Association.

APPLICABLE LAW:

Article 27. In cases not included in this Charter, firstly, the Law of Associations, and secondly, the Civil Law applies.  In case the above mentioned laws do not have the clarity to settle the issue, the issue is settled by the decision of the General Board using the concerned regulations.

Prof. Dr. A. Atilla HINCAL President of the Board of Directors
Prof. Dr. Nevin ÇELEBİ Vice-President of the Board of Directors	Prof. Dr. Nilüfer TARIMCI Member of the Board of Directors
Assoc. Prof. Dr. Erem Bilensoy  Secretary General	Assoc. Prof. Dr. Zeynep Şafak Teksin Member of the Board of Directors
Assoc. Prof. Tansel Çomoğlu Member of the Board of Directors	Assoc. Prof. Hakan Eroğlu Bookkeeper