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you are here:
> Article 78
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V. General Operations, Standards and Systems
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| 5.6 General Standards and Procedures | ||
| Article 78-Amendments to Charter | ||
| 78.1 | Amendments to Charter | |
| It may be necessary from time to time to amend this Charter for the benefit of good government of the Bank. |
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| Providing it has been proven that the proposed amendment does not in any way contravene the Principles of this Charter, nor dismantle the primary objects of this Charter, then amendment to this Charter is permissible. |
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| 78.2 | Clause deletion | |
| A deleted clause amendment is where an specific clause contained in this Charter is approved for permanent deletion for the purpose of either inacting its intent, or for replacement with a new meaning. |
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| 78.3 | Clause enhancement | |
| A clause enhancement amendment is where a new clause or enhanced meaning to a clause is added to the Charter. |
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| 78.4 | Two/thirds majority | |
| Amendments to the Charter must be framed as a free and fair vote to the Members of the Union. For an amendment to be valid and enacted requires a two/thirds of the total votes cast by the total Member of the Bank. |
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