Barbados Public Workers’ Co-operative Credit Union Limited - ByLaws | 9 c. The Credentials Committee shall present all valid nominations at the Annual General Meeting, for the vacancies for which elections are to be held; d All elections shall be by ballot (2) In the event that there is an insufficient number of persons who have been pre-nominated to fill the vacancies on the Board, Credit Committee or the Supervisory Committee, nominations may be accepted from the floor. (3) Where a person who has been nominated for a vacancy on the Board or any other Committee is successfully elected to the Board or that Committee, he shall be ineligible for election to any other Committee. (4) In addition to the provisions of By-Law 7, no member may be elected to the Board of Directors, the Credit Committee or the Supervisory Committee, unless that member: (a) is a citizen or resident of Barbados; (b) holds twenty four (24) qualifying shares; (c) is not otherwise in breach of Section 57 of the Act 36 (1) Nominated members and their consent to nomination shall be established through the following procedures:- i fourteen (14) days before the date set for elections a nomination in writing by not less than four (4) members shall be given to the Society proposing the member for election; and ii. the nomination must be accompanied by a letter of consent signed by that member confirming his willingness to be nominated as a candidate for the Board of Directors, the Credit Committee or the Supervisory Committee (2) On receipt of a nomination referred to in By-Law 36 the Secretary shall at the time of publishing notice of a general meeting of members, include in the notice a statement that the member nominated has offered himself for election to the Board of Directors, the Credit Committee or the Supervisory Committee. 37. (1) The Board of Directors shall appoint a person who is not a member of the Board, the Credit Committee or the Supervisory Committee nor a candidate for any vacancy, to chair the elections. (2) The Chairman of Elections shall:- i make any announcements of the withdrawal of candidates or the absence of candidates vying for the Board of Directors, the Credit Committee or the Supervisory Committee; ii. declare the voting process open; iii manage the voting process and ensure that at the conclusion of voting for election to the Board of Directors, the Credit and Supervisory Committees that all ballot boxes are sealed in his presence; iv. receive and secure all remaining unused ballot books and ballot papers; v. manage the ballot counting process in the pre-designated counting area; vi. manage the process for any additional voting required in the event of a tied vote; and vii. announce the results of the elections for the Board of Directors, Credit Committee and Supervisory Committee TENURE OF OFFICE 38 (1) Each member of the Board of Directors the Credit Committee and the Supervisory Committee shall hold office until his successor is elected or appointed and may be eligible for re-election. (2) Directors shall be elected at the Annual General Meeting and may hold office for two (2) consecutive terms of three (3) years each, before retiring for a minimum of one (1) year providing that at least three (3) members shall retire each year (3) Members of the Supervisory and Credit Committees shall be elected at the Annual General Meeting and may hold office for two consecutive terms of three (3) years each, before retiring for a minimum of one (1) year, providing that at least one (1) member shall retire each year
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