Article 14 Acquisition of membership
1. Without prejudice to Article 33(1)(b) the acquisition of membership of an SCE shall be subject to the approval of the management or administrative organ. Candidates refused membership may appeal to the general meeting held following the application for membership.
Where the laws of the Member State of the SCE's registered office so permit, the statutes may provide that persons who do not expect to use or produce the SCE's goods and services may be admitted as investor (non-user) members. The acquisition of such membership shall be subject to approval by the general meeting or any other organ delegated to give approval by the general meeting or the statutes.
Members who are legal bodies shall be deemed to be users by virtue of the fact that they represent their own members provided that their members who are natural persons are users.
Unless the statutes provide otherwise, membership of an SCE may be acquired by natural persons or legal bodies.
2. The statutes may make admission subject to other conditions, in particular:
- subscription of a minimum amount of capital,
- conditions related to the objects of the SCE.
3. Where provided for in the statutes, applications for a supplementary stake in the capital may be addressed to members.