By-Laws - Election of Board

16.1 Rotation

Subject to the provisions of the Corporations Act, directors, other than ex-officio directors, if any, shall be elected by members entitled to vote and shall retire in rotation.

16.2 Transition Provisions for Implementation of Rotation System

At the Annual Meeting in which the rotation system is implemented, the rotating directors shall be divided into three (3) equal classes:

a) the first class shall consist of five (5) directors elected to hold office for a term of three (3) years or until their successors are elected or appointed;

b) the second class shall consist of five (5) directors elected to hold office for a term of two (2) years or until their successors are elected or appointed.

c) the third class shall consist of five (5) directors elected to hold office for a term of one (1) year or until their successors are elected or appointed.

The Chairperson at such Annual Meeting shall determine by lot from among the fifteen (15) directors elected, which directors shall form the first class to hold office for a term of three (3) years, which directors shall form the second class to hold office for a term of two (2) years and which directors shall form the third class to hold office for a term of one (1) year.

16.3 Elections

At each Annual Meeting following the Annual Meeting in which the rotation system is implemented, a number of directors equal to the number of directors retiring shall be elected for terms of three (3) years by the members eligible to vote.

16.4 Nominations

Candidates for the office of director shall include:

a) the slate of candidates for office proposed by the Nomination and Membership Committee, and

b) the persons whose names are put in nomination by any member and seconded by another member, entitled to vote at any time before nominations are closed at the meeting of members at which the election of directors is held.

16.5 Election Method

Where:

a) the number of candidates nominated is equal to the number of offices to be filled, the President or a Vice-President shall cast a single ballot electing that number of candidates for the offices; and

b) the number of candidates nominated is greater than the number of offices to be filled, the election shall be by ballot.

16.6 Forms

The Board may prescribe the form of nomination paper and the form of a ballot.