Article I - Name
Section 1 The organisation is London Energy Group. (“Group”)
Article II - Purpose
Section 1 To provide a forum for networking and debate focused on energy
and energy-related topics.
Section 2 The Group shall be an independent,
non-profit making and a non-political organisation.
Section 3 The policy and general management of the Group shall be directed by a Committee. (“Committee”)
Section 4 To do whatever the Committee considers necessary in order to further the purposes set out on sections 1- 3 above.
Article III - Membership
Section 1 Individual Membership is open to those with an interest in the energy sector whether directly or indirectly as industry practitioners, advisors or investors. Individual membership is limited to two members from each affiliation.
Section 2 Corporate Membership is open to businesses directly involved in the energy industry. Corporate membership is not available to those providing advisory or related services to energy companies.
Section 3 All prospective members must apply to the Committee via the Secretary to be admitted as a new member. The decision on whether membership is available will be made by the Committee whose decision is final.
Section 4 The Committee reserves the right to withdraw membership from an individual at its discretion.
Section 5 Members of the Committee shall automatically be honorary members of the Group for the period of office.
Section 6 Honorary members may be appointed at the discretion of the Committee.
Article IV - Officers
Section 1 Members shall elect annually at the Annual General Meeting a committee consisting of a Chairman, Secretary, Treasurer and up to seven other members.
Section 2 Nominations should be volunteered to the Chairman or Secretary four weeks before the AGM each year.
Section 3 The AGM shall be held in May and at least four weeks notice of the meeting and the agenda shall be given to members.
Section 4 The quorum at the AGM shall be 6.
Section 5 A member of the Committee shall cease to hold office if he or she:
5.1 Resigns his or her office by notice in writing; or
5.2 For good and sufficient reason three quarters of the other members of the Committee pass a resolution that such Committee member shall be removed from office.
Article V - Annual Report
Section 1 The Treasurer will prepare an annual statement of receipts and expenditure for the year ended December. The statement will be available before the AGM in May and will be submitted for approval at the meeting.
Article VI – Seminars/Meetings
Section 1 Seminars are to be held at the discretion of the Committee.
Section 2 The aim of the Group is to host at least four seminars per annum.
Section 3 The annual itinerary of events shall be agreed at the start of each financial year by the Committee.
Section 4 Speakers shall be selected by the Committee.
Section 5 Sponsors shall be agreed by the Committee.
Section 6 The Committee accepts no responsibility for the content of presentations.
Article VII– Attendance by Journalists
Section 1 Journalists shall only be allowed to attend seminars with the express permission from a Committee member.
Section 2 Chatham house rules apply at all seminars/meetings.
Article VIII - Subscriptions
Section 1 The annual membership fee shall be set by the Committee. The fee will cover the financial year which runs from January.
Section 2 Seminars shall be free to members. Non-members will be invited to attend at the discretion of the Committee subject to the payment of a fee.
Section 3 At the end of each financial year a call for subscriptions will be made for the following year. If payment has not been received from a member within a six week period from the date of the call for subscriptions, that membership shall expire.
Article IX – Payments
Section 1 All monies raised by or on behalf of the Group shall be applied to further the purposes of the Group provided that nothing herein contained shall prevent the repayment to members of the Committee of reasonable out-of-pocket expenses.
Article X – Trust Property
Section 1 The Committee shall cause the title to all assets of the Group to be vested in not less than two individuals of the Committee appointed by the Committee to be trustees. Such trustees may be removed by resolution of the Committee and shall act in accordance with the lawful directions of the Committee. Provided that they only act in accordance with the lawful directions of the Committee, the trustees shall not be liable for the acts and defaults of its members.
Section 2 The trustees shall be entitled to an indemnity out of the property of the Group for all expenses and other liabilities properly incurred by them in the discharge of their duties.
Article XI – Privacy Policy
Section 1 Members contact details will only be used for the purposes of making members aware of forthcoming events and matters of administration.
Dated 31 March 2005
Chairman: John Meyer