Formation and Duties of the Supervisory Board
Article 21 – The Supervisory Board shall consist of three principal members and three substitute members elected by secret ballot by the General Assembly.
The Supervisory Board shall perform the following duties:
To audit the Association’s accounts and related transactions at least once a year and to notify the Board of Directors of any deficiencies or irregularities identified.
To submit a report to the General Assembly containing its opinions regarding the Association’s accounts and activities carried out during the term, as well as the budget proposed for the upcoming term.
To convene the General Assembly in cases stipulated by the applicable legislation and these Bylaws.
To verify that procedures related to termination of membership comply with the applicable legislation and these Bylaws.
To participate in the financial procedures and meetings of the Board of Directors without voting rights.
To perform other duties specified in these Bylaws.
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