Meetings of the Board of Directors shall be convened five times a year by the Chairman of the Board; provided, however, that if the Chairman of the Board deems it necessary, or if one third or more of the incumbent directors request the convocation of a meeting of the Board of Directors, together with the matters to be submitted to it for consideration, the Chairman of the Board shall convene an extraordinary meeting of the Board of Directors within 20 days from the date of such request.
2 Chairmanship of a meeting of the Board of Directors shall be assumed by the Chairman of the Board.

The ordinary General Meeting shall be convened by the Chairman of the Board at the beginning of each fiscal year.
2 The extraordinary General Meeting shall be convened by the Chairman of the Board whenever the Board of Directors deems it necessary.
3 Apart from the preceding paragraphs, if the convocation of a General Meeting is requested by one -fifth or more of the regular members, together with matters to be submitted to it for consideration, the Chairman of the Board shall convene an extraordinary General Meeting within 30 days from the date of the request.
4 To convene a General Meeting, notice of the meeting stating the matters to be submitted to it and the date and hour and place of the meeting shall be given at least 5 days prior to the meeting.

 In addition to those provided for in these articles, a General Meeting shall resolve upon the following matters.
(1) Matters pertaining to business plans and receipt and expenditure budgets.
(2) Matters pertaining to business reports and settlement of accounts.
(3) Matters pertaining to inventory of property and balance sheet.
(4) Such other important matters relating to the Association's activities as the Board of Directors may deem necessary.

At a General Meeting, the meeting cannot proceed to transact business and adopt resolutions, unless one - half or more of the current regular members are present. However, those who have submitted beforehand their intention in writing on the matters to be considered and those who delegated their voting to other members as proxies shall be deemed to be present at the meeting.
2 Unless otherwise provided in these articles, actions at a General Meeting shall be taken by a majority of the regular members present. In case the votes are equally divided, the matter shall be decided by the chairman.