TITOLO I
COSTITUZIONE SEDE DURATA SCOPI

TITOLO II

TITOLO III
Art. 10
Il contributo associativo è costituito da un contributo minimo fisso annuo, determinato dal Consiglio Direttivo dell'associazione in rapporto alle esigenze finanziarie della stessa ed, eventualmente, da un ulteriore contributo equamente determinato dallo stesso Consiglio.

TITOLO IV

TITOLO IV

Art. 21 - Patrimonio sociale esercizio bilanci
Il patrimonio sociale è costituito:
a) da beni immobili, mobili, titoli di credito e dai valori che per acquisti, lasciti, donazioni ecc. comunque vengano in possesso dell'associazione;
b) da tutte le somme comunque percepite a qualsiasi titolo dell'associazione, detratti i costi e le spese.
Art. 22
L'esercizio sociale chiude il 31 dicembre di ogni anno. II primo esercizio si chiude il 31/12/2003.
Art. 23
Il bilancio consuntivo e la relazione chiusi il 31 dicembre di ogni anno, predisposti dal Consiglio Direttivo verranno discussi e sottoposti alla Assemblea dei soci per l'approvazione. Per l'approvazione del bilancio, l'Assemblea verrà convocata entro il mese di giugno dell'anno successivo.
In tale sede verrà anche discusso e sottoposto all'approvazione il bilancio preventivo dell'esercizio successivo a quello in corso.

TITOLO V

Art.24 - Disposizioni generali
Le modifiche da apportarsi al presente statuto devono essere deliberate a maggioranza del Consiglio Direttivo ed approvate dall'assemblea dei soci, ai sensi dell'art.13 del presente statuto.
Art. 25 - Scioglimento dell'associazione
Lo scioglimento deve essere deliberato dal Consiglio Direttivo ed approvato dall'assemblea con la stessa maggioranza di cui all'art. 13. In caso di scioglimento l'assemblea provvederà alla nomina di uno o più
liquidatori e detterà le norme per la devoluzione delle attività patrimoniali.
Art. 26
Per quanto non previsto dal presente statuto si applicano le norme del Codice Civile.
Art. 27
Il Consiglio Direttivo, elaborerà uno o più Regolamenti Interni, da sottoporsi all'approvazione dell'Assemblea, volti a disciplinare il funzionamento e l'operatività degli Organi Statutari.

ASSOCIAZIONE PER LO SVILUPPO E LA CULTURA D'IMPRESA "I.T.A.C.A."
INTERNATIONAL TRADE ACADEMIC CENTER OF ADVISORY

STATUTE

TITLE 1

CONSTITUTION - LEGAL SEAT - NAME - DURATION - AIMS
Art. 1 - establishment - legal seat - name
The Association for the entrepreneurial development and culture named "I.T.A.C.A" - INTERNATIONAL TRADE ACADEMIC CENTER OF ADVISORY" is herewith established . The Association has its legal seat in Treviso, at Viale Appiani n. 13.
ART. 2
This association is a non-profit organization. It has no political origin or ties and cannot be engaged in political activities.
ART. 3 - Duration
Duration of the Association has no time limit.
ART. 4 - Aims
To promote activities aiming at the cultural and entrepreneurial growth of the members, the new business development in Italy and abroad, to conduct its activities in accordance with principles of solidarity .
Particular efforts will be directed towards the furthering of economic activities in accordance with ethical standards, and it will foster responsible and efficient entrepreneurship.
TO attain this goal and to fill the gap between developed and transition countries, the Association shall encourage:
- exchange of entrepreneurial skills
- new firms establishment
- projects of international solidarity and development.
For this end it shall establish training and education courses, work out plans, arrange meetings. It shall also issue periodicals, magazines, research and scientific studies.
In collaboration with the Government and the competent Ministry, with public and private institutions in Italy and abroad, to draft provisions, agreements and rules supporting the development and
internationalization of business.
TO appoint and designate its own representatives in institutions, boards and committes when the participation is requested and approved by the Association.
TO carry out all further functions in accordance with the resolutions of the
General Assembly of the members and to do all that is needed and useful for the relisation of the aims of the Association.
ART. 5
The Association may join international, national or regional associations which are deemed by assembly's resolution consistent with furthering the Association's aims.

TITLE II

ART.6
Members of the Association shall be those who apply for and intend to participate to the social activities.
ART. 7
The candidates shall submit application for admission, they shall be previously introduced by a member of the association, and accept the present statute and the association resolutions approved in accordance with its provisions.
When the Council of the Association, henceforth called the Council, examines and approves the application for admission, the candidate member acquires membership.
From the application for admission approval, throughout the current year and the following, the candidate acquires legal and provisional duties of membership.
Memebership shall be annually renewed by implication unless the member gives notice of resignation by registered letter at least three months before the annual term. Resignation does not affect the obligation to pay one's dues for the current year.
ART. 8
Members can be dismissed , by decision of the Council, if they are deemed unworthy or when the conduct is inconsistent with the interests and the regular performance of the Association activities.
ART. 9
The end of the status of member implies that the ex-member has no claims on the assets of the Association.

TITLE III

ART. 10
The Council determines the membership dues. According to the financial needs of the Association, the Council may approve a further contribution to be added to the annual fixed share.
ART. 11
Members may be organized in local territorial jurisdiction and professional bodies.
ART. 12
Herein are the bodies of the Association:
a) The General Assembly;
b) The Council of the Association;
c) The President;
d) The Secretariat;
e) The Auditors' Committee;
f) The Arbitration Board.
ART. 13
The General Assembly consists of all individual members. Each member shall have one vote. Assembly meetings shall be convocated by the Council by notice of meeting in the headquarters of the Association. The Assembly meeting may as well be requested by at least one third of the Council. The General Assembly can only validly deliberate if at least half of the members are present or represented, if the quorum is not reached it will be convened a second time, this second meeting is then valid irrespective
of the number of members present or represented. Resolutions are passed by the majority of votes. No member can represent more than 10 members.
ART. 14
The Assembly is chaired by the President of the Association, who may authorize another member of the Assembly. In case of impediment the President shall be appointed by the Assembly. The President shall appoint a Secretary , who may also not be a member.
ART. 15
a) The General Asssembly shall:
b) Approve the budgets
c) Appoint the Council of the Association
d) Appoint the Auditors' Committee
e) Appoint the Arbitration Board
f) Take decisions on any other matters on the agenda
ART. 16
Candidates are elected by the majority of votes, and are eligible for re-election.
ART. 17
The Council of the Association consists of at least three and of at most fifteen members. It shall elect the President, one or two Vice-Presidents among its members, the Secretary and one or two Vice-Secretaries, who may also not be members. The Council's first meeting is validly established if at least half of its members are present. If the quorum is not reached the Council will convene a second meeting at least one hour after the first, this second meeting will be valid irrespective of the number of members present. The Council shall take decisions on any routine or special matter, except matters relating to the powers and functions of the General Assembly in accordance with this Statute. It shall also appoint the
President and the technical scientific advisory committee.
The Council meets on convocation by the President either if so requested by one third of its members by letter at least eight days before the date set for the meeting. On special occssion, if necessary, the Council meetings may equally be convocated informally by telephone . The Council shall
regularly meet at least once over a period of four-months.
ART. 18
The President of the Association shall be elected by the Council and has the legal representation of the Association. The Secretary shall carry out the instructions as deliberated by the Council.
ART. 19
The Auditors' Committee shall be appointed by the General Assembly, three active and two deputy auditors shall be elected and may also not be members. They shall designate the President of the Committee. They shall hold office for the duration of three financial years and will be eligible for
re-election. The Committee shall have the authority to audit the cash, the accounting and the budgets. It shall prepare the annual report to be submitted to the Assembly.
ART. 20
The Arbitration Board shall be appointed by the Assembly . It is composed of the President and two other members and shall hold office for a term of three years. Its members are eligible for re-election and may also not be members.
When accepting the office they shall declare that they are not subject to debarment or ineligibilty in accordance with artt. 2382-2389 CC (Civil Code).
The Arbitration board shall:
- Consider and decide, without following customary formal rules, on disputes concerning the association within thirty days from admission of the claim laid by the members.
- Take decisions concerning the dismissal of members reported to the Council under the charge of breach of dicipline and misbehaviour.
- The dismissed member may appeal to the General Assembly , at its next valid meeting. In the meanwhile, the member is suspended from the exercise of the privileges and rights of membership.

TITLE IV

ART 21 - Assets - Financial year - Budegets
The association assets consists of:
a) Real and personal estate, credit instruments, or other assets out of purchasing, legacies, donations coming into possession of the Association
b) Any other material support deducting costs and expenses.
ART. 22
The financial year closes regularly the 31 December of each year. The first financial year closes the 31 December 2003.
ART. 23
The General Assembly shall discuss and approve the final balance and report as proposed and submitted to the Assembly by the Council by 31 of December of each year. The Assembly shall be convocated by the month of June of the following year and shall appove the final balance, together
with the budget concerning the year succeding the current one.

TITLE V

ART. 24 - General Provisions
Amendments to the bye-laws shall be deliberated by the majority of the Council and shall be approved by the General Assembly, in accordance with art. 13.
ART. 25 - Dissolution of the Association
The dissolution of the Association shall be deliberated by the Council and the Assembly shall approve it by majority in accordance with art. 13. In case of dissolution the Assembly shall designate one or more trustees and shall adopt rules of procedure regarding the assignment of the assets.
ART. 26
Any other matter or question not explicitely mentioned in the Statute will be governed by the Italian Civil Code.
ART. 27
The Council of the Association shall prepare one or more Regulations to be submitted to the General Assembly for approval, aiming at the management and functioning of the Association bodies.

ASSOCIAZIONE PER LO SVILUPPO E LA CULTURA D'IMPRESA "I.T.A.C.A."
INTERNATIONAL TRADE ACADEMIC CENTER OF ADVISORY