7. Rules

Subject to the approval of His Majesty the Sultan and Yang Di-Pertuan in Council, the Committee may make rules —

to fix the qualifications for membership of the Guild and the amount of share capital and the number of shares that a member shall purchase and also to regulate the sale or surrender of shares;

to regulate the constitution and proceedings of the Committee, the calling of meetings, the quorum necessary for the transaction of business, the voting of the members of the Committee and the procedure for the transaction of business;

for the appointment of sub-committees;

for the appointment and remuneration of a secretary;

to allocate duties to, and to regulate the exercise of executive power by, the Committee, sub-committees and the officers of the Guild;

to regulate the keeping and presentation of accounts;

to regulate the conduct of any branches maintained or established by the Guild and the admission of members;

to regulate the appointment, conduct or dismissal of officers and servants of the Guild;

to regulate the share capital of the Guild and the number of shares that a member shall purchase;

to fix responsibility for loss sustained or liability incurred by the Guild;

to regulate the winding up of the Guild in the event of bankruptcy;

to regulate the sale of products by members of the Guild;

to provide for the appointment of a Board of Examiners and its functions; and

generally to carry out the objects and general purposes of the