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§ 7 Composition of the Administrative Council
1. The Pfandbriefstelle’s Administrative Council consists of the chairman, his deputy and a number of further members as described in paragraph 2.
2. Each member institute will delegate one member to the Administrative Council whose term of office shall not exceed five years. Members may be delegated several times. The delegated member may be represented by another member of that member institute's Board of Directors or by another member of the Administrative Council.
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Extracts or copies produced for legal or other purposes must be signed by two members or a single delegated member of the administration council. ..
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The factory machines are selected and updated by a know-how given ...
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Eng. Mohamed Abd El Kader El Tawil (the delegated member of the administration council) promised that every hardworker will be reward during that season. ...
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