Maritime Konnect Markon | Rules & Regulations

Honorary Membership

The Executive Committee may invite a distinguished person to be an Honorary Member. Honorary Membership shall be entitled to all benefits of Ordinary members, except that they shall have no right to vote.

Life-Long Membership

Ordinary members who pay one-time Life-Long Membership fee as determined by the Executive committee, shall be given Life-Long Membership. These Members only shall be eligible to hold office as President, Secretary.

Ordinary Membership

Ordinary Membership of the Association shall be open to any person above 18 years old of age, who are from shipping/maritime industry including Oil& Gas industry. Ordinary members shall have voting rights.

Associate Membership

This is fourth no of membership. Membership of the Association shall be open to any person above 18 years who do not meet the requirements of Membership. Members shall have no voting rights.

Benefits of Markon membership:

Every application for membership shall be forwarded to the Honorary Secretary who shall, at the first convenient opportunity, submit it to the Executive Committee for approval. The Executive Committee may at its discretion approve or reject any application without assigning any reason thereof.

Every applicant shall upon payment of the prescribed entrance fee and the subscription, for the appropriate period be admitted as a member of the Association and be entitled to all the rights and privileges for the type of membership.

Professional & Educational talks and Networking opportunities.
Subsidized event fees and Opportunity to participate in maritime projects and start ups.

Audit

Two ordinary members who shall not be Executive Committee members of the Association shall be elected at the Annual General Meeting as Honorary Auditors. They shall hold office for one year and may not be re-elected. The Auditors shall be required to audit the accounts of the Association for each year and to prepare a report for the Annual General Meeting. They may also be required by the President to audit the accounts of the Association for any period within their tenure of office at any date and to make reports to the Committee.

Amendment of Constitution

No alterations, amendments or additions to the rules shall be made except by a two-thirds majority of members voting in person or by proxy at a General Meeting. Two calendar months’ notice of the intention to propose any new rule or alteration shall be given to the Honorary Secretary who shall cause the same to be sent to every member entitled to vote at least fourteen days before the General Meeting. Any amendment, alteration, addition or abolition of any rules shall be subject to the prior approval of the Registrar of Societies.

Visitors and Guests

Visitors & guests may be admitted into the premises of the Association but they shall not be admitted to the privileges of the Association nor shall they be admitted into the premises more than six times in a calendar year. These visits are to be confined to not more than once in 14 days. A Visitors in which shall be entered the names of all visitors guests, members, treasures, with the names, signatures of the members nominating them & the dates of their visits. No person shall be a visitor or guest till his name has been entered in this book.

Entrance Fee : The entrance fee shall be determined by the Executive Committee from time to time. The Executive Committee may at its discretion waive the entrance fee in respect of any candidate of membership. Subscription : The subscription, payable in advance, shall be determined by the Executive Committee from time to time. Any member who allows his/her subscription fee to be in arrears for three months without a reasonable excuse acceptable to the Executive Committee may be removed as a member by the Executive Committee. Resignation : A member may at any time by giving notice in writing to the Secretary, resign his membership of the Association. A member shall continue to be liable for any debt due to the Association at the date of his/her resignation or removal, as the case may be. Finance : All funds of the Association shall be administered in such manner as the Executive Committee shall deem proper in carrying out the objects of the Association.The Honorary Treasurer may hold petty cash not exceeding one thousand dollars (S$1,000.00). All other monies in excess of this sum shall within seven days of receipt be deposited in a bank account approved by the Executive Committee.All cheques or withdrawal notices on the Association’s accounts shall be signed jointly by any two (2) of four (4) Office Bearers of the Association. At the end of each financial year, a statement of receipts and payments and a balance sheet for the year shall be prepared and audited by the Honorary Auditors. The audited accounts shall be submitted for adoption at the Annual General Meeting.The financial year of the Association shall commence on 1st April and end on 31st March the following year.In addition to the necessary expenses required for the smooth administration of the Association, the Executive Committee is empowered to spend a maximum aggregate sum per financial year with prior approval of a general meeting. Expulsion/Suspension : Any member who fails to comply with the rules of the Association or has acted in a manner so as to bring disrepute to the Association may be suspended for a period of time or expelled as the Executive Committee deems fit.The member shall be informed of the grounds for such suspension or expulsion in writing and be given an opportunity to explain and absolve himself in person. The decision of the Executive Committee shall be final unless overturned at a general meeting. Interpretation : The Executive Committee shall have full power to decide all questions relating to the management of the Association and all questions arising out of or not covered by any Rule and such decision shall be final unless and until altered or reversed by resolution of the members at a General Meeting or at an Extraordinary General Meeting. Dissolution : The Association shall not be dissolved except by a resolution passed by not less than two-thirds of the members for the time being resident in Singapore expressed either in person or by proxy at a General Meeting called for the purpose.In the event of the Association being dissolved as provided above, all debts and liabilities legally incurred on its behalf shall be fully discharged and the remaining funds shall be distributed among approved charitable organisations in Singapore. A Certificate of Dissolution shall be given within 7 days of the dissolution to the Registrar of Societies Click To Download Constitution Of Maritime Konnect -