Classes of membership

The membership of the Company is subject to the following classes:

(a) An “A” Class Member shall be:

(i) an Industry Representative Body who contributes Levy funds to the Company;
(ii) a Prescribed Industry Body; and
(iii) a body which, by its constitution, prohibits the distribution of profits or any assets, whether on winding-up or otherwise, to any individual member.

(b) A “B” Class Member shall be:

(i) an Industry Representative Body;
(ii) a body which either:

(A) collects or arranges for its members to pay, whether directly or indirectly, voluntary levies or contributions which are paid (whether in whole or in part) to the Company to fund Research and Development and Marketing activities; or
(B) is nominated to be a Member by a person or persons who participate in the Industry making voluntary levies or contributions which are paid (whether in whole or in part) to the Company to fund Research and Development and Marketing activities;

(iii) a body which, by its constitution, prohibits the distribution of profits or any assets, whether on winding-up or otherwise, to any individual member; and
(iv) a body which is not a member of another “A” or “B” Class Member unless the body is an exisiting Member or is approved for admission as a Member by the Members voting at a meeting of Members.