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Edinburgh Merchant Company Order Confirmation 1996
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Company may make rules, etc
29The Company may at any general meeting make such rules for the regulation of the affairs of the Company as it deems expedient and in particular the Company may make rules and prescribe terms and conditions on which any annual subscription or special levy imposed in pursuance of the provisions of this Order, shall be payable, and may impose penalties (including forfeiture of all interest and benefit in the Company and provision for possible reinstatement following such forfeiture) on members who allow the payment of such subscription or levy to fall into arrear for more than three years:
Provided that such rules, terms, conditions and penalties shall not be inconsistent with the provisions of this Order.
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