Royal Selangor Yacht Club
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  Club Rules
 
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15. Members Account
 
a) The account of each Member and any candidate for membership shall be made up at such time or times as may be decided by the Committee and shall become due and payable when rendered.
(b) The Committee may at any time and without assigning any reason call upon any Member to pay any amount due to the Club within seven (7) days of such call or may call upon any Member to make a fixed deposit or to keep his account in credit and when such credit is exhausted he may be notified in writing by the Honorary Secretary by registered post calling upon him to pay within seven (7) days such amount to the credit of his account as the Committee may decide.
(c) If a Member shall fail to pay any monies due by him to the Club before the expiration date of one (1) calendar month from the date when the same became due or if called upon to pay the same within seven (7) days under this Rule 15 he shall fail to pay the same within further seven (7) days after the notice from the Honorary Secretary requiring payment has been posted to him by registered post, the Committee shall be entitled by resolution to suspend such Member from all activities of the Club and to post such Member as a defaulter.
(d) If any monies due and owing to the Club remain unpaid for the period of fourteen (14) days from the date of posting, the Member in default shall cease at be a Member of the Club and his name shall be erased from the books of the Club and the Committee shall be entitled to dispose his assets or asset situated within the Club premises which shall include the mooring areas and pontoons under the Club management or administration, whether by private sale or auction or any other means and manner as determined by the Committee and use the proceeds from such sales to pay the outstanding moneys owing to the Club and forfeit the remaining balance to the Club and if such sale proceeds shall be insufficient to cover the outstanding moneys owing, the Club shall be entitled to take further action to recover the moneys.
(e) A defaulting Member may, upon full settlement to the Club of all outstanding monies, apply in writing to the Committee to have his membership privileges reinstated. The Committee reserves the right to decide on whether to readmit the defaulter, and on what terms his membership may be resumed. This may include a limit or denial of credit facilities at the Club, the deposit of a sum of money against future expenses, and any other such restriction that the Committee may deem appropriate.
(f) Without prejudice to any other rights of the Club, in the event a Member shall fail to pay or be late in paying any amount due to the Club (or any part thereof), the Club shall be entitled to charge the Member interest at the rate of one percent (1%) per month or such other rate as may be determined by the Committee from time to time at its absolute discretion on the amount(s) due and outstanding to it from due date until date of full and final payment of all such amount(s).
   
16. Management
 
16.1 Committee
 
(a) The Club shall be managed by a Committee to be elected every two (2) years at the Annual General Meeting consisting of three (3) Flag Officers, and seven (7) Ordinary Members.
(b) The Officers of the Club shall consist of three (3) Flag Officers; namely a Commodore, Vice Commodore and a Rear Commodore, all of whom shall have been Ordinary Members for at least five (5) years paying a full subscription, or Life Members and shall have served as Committee Members at any time or any one time for a total of two (2) years. They must be a yachtsmen or boatmen or sports fishermen owning boats or part owning boats and must be seen to be actively participating in the furtherance of Rule 4 for pleasure only.
(c) The seven (7) Ordinary Members elected to the Committee shall have been Ordinary Members paying a full subscription for at least two (2) years, or Life Members. They must be yachtsmen, boatmen, or sport fishermen or be seen to be actively participating in the furtherance of Rule 4 for pleasure only.
(d) The immediate past Commodore shall be as ex-officio member of the Committee for a period of two (2) years without a voting power.
(e) The Committee shall elect an Honorary Secretary and an Honorary Treasurer from among their number at the first (1st) Committee Meeting following the Annual General Meeting electing the Committee.
(f) In the case of any vacancy created by resignation or otherwise of Flag Officers, or Ordinary Committee Members, the Committee may appoint one of themselves or some other eligible Members to act in any such office as may be vacated until next Annual General Meeting.
(g) Candidates for election to the Committee at the Annual General Meeting shall be Ordinary Members paying a full subscription, or Life Members, and shall have their names exhibited on the Notice Board not less than seven (7) days before the Annual General Meeting and shall not have been posted as a defaulter, in the case of any candidate for any of the three (3) Flag Officers, during the period of thirty six (36) months prior to election, and in the case of candidates for the other Committee members, during the period of twenty (24) months prior to the election. Every candidate seeking election shall signify in writing his consent to his nomination and his consent to act for the good of the Club if so elected.
16.2 Flag Officers
 
(a) They shall upon election serve a term of two (2) years and shall be eligible for re-election. The Commodore may serve a maximum of two (2) consecutive terms of two (2) years.
(b) A senior Flag Officer present shall preside at all meetings of the Club.
(c) It shall be the duty of the Vice Commodore and the Rear Commodore to assist the Commodore in his duties.
16.3 Sub-committee
 
(a) The Committee may appoint a sub-committee or sub-committees to be constituted as the Committee think fit and may delegate to such sub-committee or sub-committees or officials such of its duties or powers as the Committee think fit.
(b) A representative of such sub-committee may be invited to attend Committee meetings to report on the activities of the sub-committee but if not an elected member of the Committee shall have no vote at such meeting of the Committee.
16.4 Power of Committee
The Committee shall have the power and the authority to introduce or to repeal Bye-Laws of the Club, in accordance with Rule 25.
16.3 Committee Meetings
The Committee shall meet once a month. Four (4) of its number shall form a quorum. The Chairman who shall be the senior Flag Officer present shall have a second or casting vote in the event of a tie. A meeting of the Committee shall be called on the requisition in writing of any four (4) of its members by the Honorary Secretary.
16.3 Conduct of Committee Members
Any member of the Committee who fails to attend three (3) consecutive meetings without reasonable cause as determined by the Committee, or is posted as a defaulter will be deemed to have resigned from the Committee.
   
17. Accounts
 
(a) True accounts shall be kept of the sums of money received and expended by the Club and the matter in respect of which such receipt and expenditure takes place and the property credits and liabilities of the Club and subject to any reasonable restrictions as to the time and manner of inspecting the same that may be imposed by the Committee shall be opened to the inspection of the Members.
(b)
The accounts of the Club shall be audited by an Auditor who not being a member of the Committee will be elected at each Annual General Meeting. He will be required to audit each year’s accounts and present a report on them at the Annual General Meeting. He may be required by the Committee to audit the Club accounts for any period within his tenure of office at any date and make a report to the Committee. The Auditor may be an honorary appointment or a paid professional firm. Should the position become vacant after election the Committee is empowered to appoint a replacement.
(c) The audited annual accounts of the Club shall be presented for acceptance by the Members at the Annual General Meeting.