Article 10.

VI Eligibility and Nomination of Directors

(a) The Society shall publish, in at least two daily newspapers published in the State and circulating in the area in which the chief office of the Society is situated, a notice stating the last date for the receipt of nominations of members for appointment at the next annual general meeting as Directors of the Society and such notice shall be published not earlier than 42 days and not later than 21 days before such date.

(b) The number of members nomination by whom is required for eligibility for appointment as a Director shall not exceed ten.

(c) The value of any shares which may be required to be held by a member nominating another member for appointment as a Director shall not exceed £10.

(d) The value of any shares which may be required to be held by a Director or which may be required to be held by a member who is a candidate for appointment as a Director shall not exceed £500.

(e) The amount of any deposit which may be required to be lodged with the Society by a member who is a candidate for appointment as a Director shall not exceed £100.