Articles of Incorporation

Nippon Keidanren (Japan Business Federation)

Chapter I
GENERAL PROVISIONS

<Name>
Article 1

This organization shall be named Nippon Keidanren (Japan Business Federation).

<Main Office>
Article 2

Nippon Keidanren shall have its main office in Chiyoda-ku, Tokyo.

<Objectives>
Article 3

The objectives of Nippon Keidanren shall be: to work as a comprehensive economic organization maintaining contacts in various business circles in order to gather and collate the impartial opinions of the business community with regard to domestic and international problems impeding the progress of the financial, business, industrial, social and labor sectors, with a view to increasing the economic dynamism of the private sector; and to endeavor to achieve practical solutions to these problems, thereby promoting the sound, self-sustaining development of Japan's national economy.

<Activities>
Article 4

Nippon Keidanren shall engage in the following activities in order to achieve the objectives stated in the previous article.

1. (1) Promoting reforms in the management and operation of business enterprises, harmonious labor-management relations, and science and technology, making full use of the knowledge and experience gained through the establishment of standing committees and round-table discussions, and through other means.
2. (2) On behalf of the business community, submitting to the Diet, the Japanese government and other agencies recommendations regarding issues affecting the business community, such as economic policies, financial administration, social and labor policies, and related legislation, and working for the implementation of these recommendations.
3. (3) Cooperating with and supporting private-sector efforts intended to develop local economies, boost corporate management potential, and ensure stable labor-management relations.
4. (4) Using communication channels in Japan and abroad to provide information on the current situation facing the Japanese business community, and to convey the opinions of the business community regarding economic, industrial, social and labor issues.
5. (5) Participating in the activities of international organizations, and cooperating with business organizations in various countries, with a view to promoting international exchanges in the private sector, support for human resource development, and technical assistance.
6. (6) Conducting surveys and studies with regard to issues of interest to the Japanese business community, particularly economic, industrial, social and labor issues in Japan and abroad, and compiling statistics and collecting documents on these issues.
7. (7) Exchanging information on issues of interest to the Japanese business community, particularly economic, industrial, social and labor issues in Japan and abroad, by distributing written materials, issuing Nippon Keidanren journals and bulletins, publishing books, and organizing seminars, lectures and briefing sessions.
8. (8) Operating the Keidanren Kaikan building for the purpose of promoting communication and developing closer links among business communities in Japan and abroad.
9. (9) Conducting other activities, in addition to the above-mentioned, that are considered necessary for furthering the objectives of Nippon Keidanren.

Chapter II
MEMBERSHIP

<Types of members>
Article 5

Membership shall consist of Regular Members, Honorary Members and Special Members, all of whom shall be treated as employees of Nippon Keidanren as duly provided for in the Civil Code.

Article 6

1. (a) The regular membership shall consist of two categories, group membership and corporate membership.
2. (b) Organizations eligible for group membership shall be national groups representing a specific industry, regional business groups, and other similar organizations.
3. (c) Entities eligible for corporate membership shall be registered corporations engaged in a business enterprise.

Article 7

Honorary Members shall be individuals selected by the Board of Directors from among persons of learning and experience in the business community and recommended by the Chairman.

Article 8

Special Members shall be business organizations not specified in Article 6 Clause (b) or concerns similar to those specified in Article 6 Clause (c).

<Admission to Nippon Keidanren>
Article 9

1. (a) Those possessing the qualifications prescribed in Articles 6 and or 8 and who wish to join Nippon Keidanren may do so, provided they are approved by the Board of Directors under procedures stipulated separately.
2. (b) Regular and Special Members shall register one representative (hereinafter referred to as "the Member representative") when joining Nippon Keidanren.
3. (c) A new representative shall be registered whenever there is a change in a Member representative.

<Rights of Members>
Article 10

1. (a) Members may express to the Chairman their opinions regarding the management and operation of Nippon Keidanren.
2. (b) Members shall be sent copies of Nippon Keidanren journals, bulletins and other materials, may attend committee and other meetings, and may participate in the activities listed in Article 4.

<Enrollment and membership fees>
Article 11

Members are obliged to pay enrollment and membership fees as determined at a General Assembly.

<Withdrawal>
Article 12

1. (a) Any Member desiring to withdraw from Nippon Keidanren may do so by following the procedures described separately and by sending notification of withdrawal.
2. (b) In the event that one of the following cases applies to a Member, that Member shall be deemed to have withdrawn from Nippon Keidanren.
   1. When a Member corporation or group is dissolved or declared bankrupt.
   2. When the membership fee is not paid for two consecutive fiscal years.
   3. When a Member receives a judgment requiring it to be placed under guardianship or is adjudged quasi-incompetent.
   4. When a Member dies or is adjudged to have disappeared.

<Expulsion>
Article 13

1. (a) In the event that one of the following cases applies to a Member, that Member may be expelled from Nippon Keidanren, provided that such a decision is made at a General Assembly by a minimum of two-thirds of the total membership.
   1. When a Member violates the Articles of Incorporation or other rules of Nippon Keidanren.
   2. When a Member commits an action that damages the reputation of Nippon Keidanren.
2. (b) In the event that a Member is to be expelled in accordance with the previous clause, the said Member shall be notified prior to expulsion, and shall be given the opportunity to defend him/herself at the General Assembly where the decision on whether to expel is being made.

<Rights and obligations in the event of a loss of membership qualification>
Article 14

In the event that a Member loses his membership qualification in accordance with one of the previous two articles, that Member shall lose all rights conferred by Nippon Keidanren and be relieved of all Nippon Keidanren obligations. However, unpaid fees shall be collected, and no refund shall be made of enrollment fees or membership fees already paid.

Chapter III
OFFICERS, COUNCILLORS AND OTHER OFFICIALS

<Types and numbers of Officers>
Article 15

1. (a) Nippon Keidanren shall retain the following Officers:

   i.	Chairman	1
   	Vice Chairmen	A minimum of 13 and a maximum of 18
   	Directors	A minimum of 550 and a maximum of 600
   	Executive Directors	A minimum of 230 and a maximum of 270
   ii.	Auditors	A minimum of 5 and a maximum of 9
   iii.	Director General	1
   	Senior Managing Directors	1 or 2
   	Managing Directors	A minimum of 1 and a maximum of 7

2. (b) The Director General shall possess the qualifications of an Executive Director, while the Senior Managing Director(s) and Managing Director(s) shall possess the qualifications of Directors.
3. (c) Executive Directors provided for in Clause (a) Item (i) shall be included in the number of Directors, while Directors and Executive Directors shall not be included in the numbers mentioned in Clause (a) Item (iii), notwithstanding the stipulation in the previous clause.
4. (d) The Officers provided for in Clause (a) Items (i) and (iii) shall be Directors as duly provided for in the Civil Code.
5. (e) In addition to the Officers provided for in Clause (a), Nippon Keidanren shall also retain Councillors numbering not less than 650 and not more than 700.

<Election and duties of the Chairman and Vice Chairmen>
Article 16

1. (a) The Chairman shall be elected by the General Assembly.
2. (b) The Chairman shall represent Nippon Keidanren, and convene and chair General Assemblies, meetings of the Board of Directors, meetings of the Board of Executive Directors, and meetings of the Chairman and Vice Chairmen.

Article 17

1. (a) The Vice Chairmen shall be elected by the General Assembly.
2. (b) The Vice Chairmen shall assist the Chairman. In the event that it is determined that the Chairman cannot fulfill his duties because of an impediment or any other reason, or in the event that the Chairman is absent, a Vice Chairman shall act in his stead in the order of precedence previously established by the Chairman.

<Election and duties of the Directors and Executive Directors>
Article 18

1. (a) The Directors shall be elected by the General Assembly from among the Member representatives and the Honorary Members.
2. (b) The Directors shall make up the Board of Directors and shall determine the management of operations.

Article 19

1. (a) The Executive Directors shall be elected from among the Directors by the Board of Directors.
2. (b) The Executive Directors shall make up the Board of Executive Directors and shall handle matters entrusted to it by the Board of Directors.

<Election and duties of the Auditors>
Article 20

1. (a) The Auditors shall be elected by the General Assembly from among the Member representatives and the Honorary Members. However, Directors as duly provided for in the Civil Code shall not serve as Auditors.
2. (b) The Auditors shall audit the financial status of Nippon Keidanren and the performance of the Directors.
3. (c) In the event that the Auditors discover any irregularity with regard to the financial status of Nippon Keidanren or the performance of the Directors, the said Auditors shall report such discrepancy to the General Assembly.
4. (d) In the event that it is necessary to submit a report as prescribed in the previous clause, a General Assembly shall be held as stipulated in Article 28 Clause (b) Item (iv).
5. (e) The Auditors may attend meetings of the Board of Directors and state their opinions.

<Election and duties of the Director General, Senior Managing Director(s) and Managing Director(s)>
Article 21

1. (a) The Director General, Senior Managing Director(s) and Managing Director(s) shall be elected by the General Assembly.
2. (b) The Director General shall exercise general supervision over the regular affairs of Nippon Keidanren, shall assist the Chairman and Vice Chairmen, and shall, in the event of the absence of or impediment involving the Chairman and Vice Chairmen, perform their duties in their stead.
3. (c) The Senior Managing Director(s) shall direct the management of Nippon Keidanren.
4. (d) The Managing Director(s) shall assist the Senior Managing Director(s) and share in the management of Nippon Keidanren.

<Election and duties of the Councillors, Chairman of the Board of Councillors, and Vice Chairmen of the Board of Councillors>
Article 22

1. (a) The Councillors shall be elected by the General Assembly from among the Member representatives, the officers of Member organizations and the Honorary Members.
2. (b) The Chairman and Vice Chairmen of the Board of Councillors shall be elected from among the members of the Board of Councillors by the said Board.

Article 23

1. (a) The Chairman of the Board of Councillors shall convene and chair meetings of the Board of Councillors and meetings of the Chairman and Vice Chairmen of the said Board.
2. (b) The Vice Chairmen of the Board of Councillors shall assist the Chairman of the said Board. In the event that it is determined that the said Chairman cannot fulfill his duties because of an impediment or any other reason, or in the event that the Chairman is absent, a Vice Chairman of the said Board shall act in his stead in the order of precedence previously established by the Chairman.

<Election and duties of the Chairman and Vice Chairmen of meetings of Principals of Regional Employers' Associations>
Article 24

1. (a) The heads of one regional employers' association from each prefecture in Japan shall serve as the Chairmen of each respective meeting of Principals of Regional Employers' Associations.
2. (b) The Chairman and Vice Chairmen of a meeting of Principals of Regional Employers' Associations shall be elected by the said Council from among the members of the said Council.

Article 25

1. (a) The Chairman of a meeting of Principals of Regional Employers' Associations shall convene and chair the said meeting.
2. (b) The Vice Chairmen of a meeting of Principals of Regional Employers' Associations shall assist the Chairman of the said meeting. In the event that it is determined that the said Chairman cannot fulfill his duties because of an impediment or any other reason, or in the event that the Chairman is absent, a Vice Chairman shall act in his stead in the order of precedence previously established by the Chairman.

<Removal from office>
Article 26

1. (a) In the event that one of the following cases applies to an Officer or Councillor, that Officer or Councillor may be removed from office, provided that such a decision is made at a General Assembly by a minimum of two-thirds of the total membership.
   1. When it is deemed that he/she is unfit to fulfill his duties because of a physical or psychological impediment;
   2. When it is deemed that he/she has violated the obligations of his office or has committed an action unsuitable for an Officer or Councillor.
2. (b) In the event that an Officer or Councillor is removed from office in accordance with Item (ii) of the previous clause, the said Officer or Councillor shall be notified prior to removal, and shall be given the opportunity to defend him/herself at the General Assembly where the decision is being made on whether to remove him/her from office.

<Terms of office>
Article 27

1. (a) The term of office for Officers and Councillors shall be two years. However, re-election shall be permitted.
2. (b) Even though they have submitted their resignation or their term of office has expired, Officers and Councillors shall continue to serve in their respective positions until their successors assume office.
3. (c) An Officer or Councillor elected to fill a vacancy shall hold office only for the remainder of his predecessor's term. This provision shall also apply in the event of an increase in the number of Officers and/or Councillors.

Chapter IV
GENERAL ASSEMBLIES

<Types and convening of General Assemblies>
Article 28

1. (a) There shall be two types of General Assemblies: Regular General Assemblies and Extraordinary General Assemblies.
2. (b) Regular General Assemblies shall be held a minimum of once each year, while Extraordinary General Assemblies shall be convened on any of the following occasions:
   1. When the Chairman deems it necessary;
   2. When the Board of Directors or the Board of Councillors passes a resolution to that effect;
   3. When one-fifth or more of the Members make such a request in writing, giving the reason or reasons;
   4. When all of the Auditors make such a request in writing, giving the reason or reasons.
3. (c) Convocation of a General Assembly shall be notified in writing at least 10 days in advance, giving the date, time, location and purpose of the General Assembly.

<Authority of the General Assembly>
Article 29

The General Assembly shall deliberate and decide upon matters determined separately by these Articles of Incorporation, as well as matters deemed by the Chairman to be of special importance.

<Quorum, resolutions and voting>
Article 30

1. (a) Except where determined separately by this Articles of Incorporation, decisions taken by the General Assembly shall be made by a simple majority of Members present, constituting a quorum that shall be at least one half of the total number of Members. In the event of a tie vote, the Chairman shall cast the deciding vote.
2. (b) General Assembly decisions may be made only concerning matters that have been given previous notification. However, this stipulation does not apply in the event that a minimum of two-thirds of the Members present agree on the urgency of some other matter being introduced to the proceedings.
3. (c) A Member may exercise his right to vote through a proxy, provided that the proxy presents to Nippon Keidanren a written notice attesting to his right of proxy for that specific General Assembly.

<Right to vote>
Article 31

Each Member shall be entitled to one vote on each General Assembly resolution.

<Minutes>
Article 32

1. (a) The following matters of the General Assembly proceedings shall be recorded in the Minutes:
   1. The time and location;
   2. The current number of Members;
   3. The number of Members present (including Members mandating proxy voters);
   4. Resolutions;
   5. A summary of the proceedings;
   6. Matters concerning the selection of signatories to the Minutes.
2. (b) The Minutes of the General Assembly shall be signed by the Chairman and two attending Members, and retained at Nippon Keidanren.

Chapter V
MEETINGS OF THE OFFICERS, COUNCILLORS AND OTHER OFFICIALS

<Types of meetings>
Article 33

1. (a) There shall be three types of Officers' meetings: meetings of the Board of Directors; meetings of the Board of Executive Directors; and meetings of the Chairman and Vice Chairmen.
2. (b) In addition to the Officers' meetings specified in the previous clause, there shall also be meetings of the Board of Councillors, meetings of the Chairman and Vice Chairmen of the Board of Councillors, and meetings of Principals of Regional Employers' Associations.

<Composition of the Board of Directors, and convocation and holding of meetings of the Board of Directors>
Article 34

1. (a) The Board of Directors shall be composed of Directors as duly provided for in the Civil Code.
2. (b) A meeting of the Board of Directors shall be held whenever one of the following cases applies:
   1. When the Chairman deems it necessary;
   2. When a minimum of one-third of the Directors as duly provided for in the Civil Code make such a request in writing, giving the reason or reasons.
3. (c) Convocation of a meeting of the Board of Directors shall be notified in writing at least 7 days in advance, giving the date, time, location and purpose of the meeting.

<Authority of meetings of the Board of Directors>
Article 35

1. (a) Meetings of the Board of Directors shall deliberate and decide upon the following types of basic matters that are deemed particularly important for the management and operation of Nippon Keidanren, as well as matters determined separately by these Articles of Incorporation.
   1. The implementation of matters determined by a General Assembly;
   2. Matters deemed to require submission for deliberation at a General Assembly;
   3. Other matters concerning the implementation of operations that do not require a decision from the General Assembly.
2. (b) The Board of Directors may hold by-elections for Directors as duly provided for in the Civil Code and for Councillors, during an interim period before the subsequent General Assembly. In the event that such a by-election is held, the result(s) shall be submitted for confirmation by the first General Assembly to be held after the said meeting of the Board of Directors.

<Quorum, resolutions and voting at meetings of the Board of Directors>
Article 36

1. (a) Decisions taken during a meeting of the Board of Directors shall be made by a simple majority of Directors present, constituting a quorum that shall be at least one half of the current number of Directors as duly provided for in the Civil Code. In the event of a tie vote, the Chairman shall cast the deciding vote.
2. (b) The stipulations in Article 30 Clauses (b) and (c) shall apply to meetings of the Board of Directors, except that the words "General Assembly" in the said Clauses are to be read as "meeting of the Board of Directors" and "a Member" is to be read as "a Director as duly provided for in the Civil Code."

<Minutes of meetings of the Board of Directors>
Article 37

1. (a) The following matters of meetings of the Board of Directors shall be recorded in the Minutes:
   1. The time and location;
   2. The current number of Directors as duly provided for in the Civil Code;
   3. The number and names of Directors as duly provided for in the Civil Code who were present (including Directors mandating proxy voters);
   4. Resolutions;
   5. A summary of the proceedings;
   6. Matters concerning the selection of signatories to the Minutes.
2. (b) The Minutes of meetings of the Board of Directors shall be signed by the Chairman and two attending Directors as duly provided for in the Civil Code, and retained at Nippon Keidanren.

<Composition and authority of the Board of Executive Directors>
Article 38

1. (a) The Board of Executive Directors shall be composed of Executive Directors.
2. (b) The Board of Executive Directors shall deliberate on matters deemed to be important for the management and operation of Nippon Keidanren, upon the request of the Board of Directors.

<Composition and authority of meetings of the Chairman and Vice Chairmen>
Article 39

1. (a) Meetings of the Chairman and Vice Chairmen are composed of the Chairman and Vice Chairmen.
2. (b) Meetings of the Chairman and Vice Chairmen shall deliberate on basic matters that are deemed particularly important for the management and operation of Nippon Keidanren.

<Composition and authority of the Board of Councillors>
Article 40

1. (a) The Board of Councillors is composed of the Councillors.
2. (b) The Board of Councillors may answer inquiries from and present its opinions to the Chairman.

<Convocation of meetings of the Board of Councillors>
Article 41

1. (a) Meetings of the Board of Councillors shall be convened by the Chairman of the said Board when he/she deems it necessary.
2. (b) The Chairman of the Board of Councillors shall convene a meeting of the said Board when one-tenth or more of the Councillors make such a request in writing, giving the reason or reasons.

<Composition and authority of meetings of the Chairman and Vice Chairmen of the Board of Councillors>
Article 42

1. (a) Meetings of the Chairman and Vice Chairmen of the Board of Councillors are composed of the Chairman and Vice Chairmen of the said Board.
2. (b) Meetings of the Chairman and Vice Chairmen of the Board of Councillors may, upon the request of the said Board, answer inquiries from and present its opinions to the Chairman, with regard to matters deemed to be important for the management and operation of Nippon Keidanren.

<Composition and authority of meetings of Principals of Regional Employers' Associations>
Article 43

1. (a) Meetings of Principals of Regional Employers' Associations are composed of the heads of regional employers' associations.
2. (b) Meetings of Principals of Regional Employers' Associations may answer inquiries from and present their opinions to the Chairman.

<Convocation of meetings of Principals of Regional Employers' Associations>
Article 44

Meetings of Principals of Regional Employers' Associations shall be convened by the Chairman of the said meeting when he/she deems it necessary.

Chapter VI
HONORARY CHAIRMAN, ADVISORS AND COUNSELORS

<Appointment and authority of Honorary Chairman>
Article 45

1. (a) Nippon Keidanren may retain an Honorary Chairman.
2. (b) Honorary Chairman shall be appointed by the Chairman from among retired Chairmen, provided they are approved by the Board of Directors.
3. (c) The Honorary Chairman may answer inquiries from and present his opinions to the Chairman, and may attend and present his opinions at meetings of the Officers.

<Appointment and authority of Advisors and Counselors>
Article 46

1. (a) Nippon Keidanren may retain Advisors and Counselors.
2. (b) Advisors and Counselors shall be appointed by the Chairman from among persons of learning and experience, provided they are approved by the Board of Directors.

Article 47

Advisors may answer inquiries from and present their opinions to the Chairman, and may attend and present their opinions at meetings of the Board of Directors, the Board of Executive Directors and the Board of Councillors.

Article 48

Counselors shall support the operations of Nippon Keidanren.

<Terms of Advisors and Counselors>
Article 49

1. (a) The term of office for Advisors and Counselors shall be two years. However, their reappointment shall be permitted.
2. (b) The terms of office for newly appointed Advisors and Counselors shall be the remainder of the terms of Advisors and Counselors current at the time of the said new appointments.

Chapter VII
ASSETS AND ACCOUNTING

<Composition of assets>
Article 50

The assets of Nippon Keidanren shall consist of enrollment fees, membership fees, revenues accruing from the assets, revenues earned from operations and other revenues.

<Management of assets>
Article 51

The assets of Nippon Keidanren shall be managed by the Chairman and the Director General, and the procedures for such management shall be determined by the Board of Directors.

<Payment of expenses>
Article 52

The expenses of Nippon Keidanren shall be paid from the assets.

<Business year>
Article 53

The business year of Nippon Keidanren shall commence on April 1 each year and end on March 31 of the subsequent calendar year.

<Business plan and budget>
Article 54

1. (a) The written business plan and budget of expenditures and revenues of Nippon Keidanren shall require the approval of the General Assembly at the beginning of each business year. However, in the event of an unavoidable circumstance preventing a General Assembly from being held at the beginning of the said business year, the said plan and budget may be approved by the Board of Directors. However, in such a case, the said plan and budget shall require the approval of a General Assembly within 60 days of the beginning of the said business year.
2. (b) In the event that the proviso in the previous clause is applied, implementation of the previous business year's budget shall set the standard until General Assembly approval is obtained.

<Report of operations, balance sheet and inventory of assets>
Article 55

A report of the operations of Nippon Keidanren, a balance sheet and an inventory of assets shall be compiled by the Chairman without delay after the end of each business year, then audited by the Auditors, and then submitted for deliberation of the General Assembly within 60 days after the end of the applicable business year.

<Special account>
Article 56

1. (a) If it is necessary for the implementation of operations, Nippon Keidanren may establish a special account after obtaining the approval of the General Assembly.
2. (b) The administration of the special account stipulated in the previous clause shall be performed separately from administration of the ordinary account.

<Appropriation of surplus balance of revenues and expenditures>
Article 57

In the event that there is a difference between the amount of revenues and the amount of expenditures of Nippon Keidanren, all or part of the difference shall be reserved or carried over to the subsequent business year after approval of the General Assembly.

<Loans>
Article 58

In the event that Nippon Keidanren wishes to borrow funds, except for the case where the loan is no greater than the revenues for that business year and the repayment period is less than one year, Nippon Keidanren shall first obtain the approval of a minimum of two-thirds of the total number of Members at the General Assembly and the approval of the Minister of Economy, Trade and Industry.

Chapter VIII
AMENDMENTS TO THE ARTICLES OF INCORPORATION, DISSOLUTION OF THE ORGANIZATION, AND DISPOSAL OF ASSETS

<Amendments to these Articles of Incorporation>
Article 59

These Articles of Incorporation shall not be amended without the approval of a minimum of three-quarters of the total number of Members at a General Assembly.

<Dissolution of Nippon Keidanren>
Article 60

1. (a) Nippon Keidanren shall be dissolved in the event of one of the following circumstances.
   1. If it were to succeed in all of its objectives, or if it were determined that it cannot succeed in any of its objectives;
   2. If it were to be declared bankrupt;
   3. If approval for its original establishment were to be rescinded;
   4. If a General Assembly were to approve its dissolution;
   5. If the membership were to be depleted.
2. (b) For Item (iv) of the previous clause to be the basis for dissolution of Nippon Keidanren, the approval of a minimum of three-quarters of the total membership at a General Assembly and the approval of the Minister of Economy, Trade and Industry shall be required as preconditions.

<Disposal of remaining assets>
Article 61

In the event that Nippon Keidanren is dissolved, the remainder of its assets shall be donated to other corporate bodies or groups having objectives that are similar to those of Nippon Keidanren, provided that approval is granted by a minimum of three-quarters of the total Members at a General Assembly and by the Minister of Economy, Trade and Industry.

Chapter IX
SUPPLEMENTARY REGULATIONS

<Documents provided for perusal>
Article 62

Nippon Keidanren shall provide the following documents for perusal at its office.

1. These Articles of Incorporation;
2. A list of Officers;
3. A list of employees;
4. A report on operations;
5. A statement of revenues and expenditures;
6. A statement of account of fluctuating net worth;
7. A statement of assets and liabilities;
8. An inventory of assets;
9. The business plan;
10. The budget of expenditures and revenues.

<Secretariat>
Article 63

1. (a) A Secretariat shall be maintained to handle the affairs of Nippon Keidanren.
2. (b) The Secretariat shall retain Secretariat staff.
3. (c) Regulations required for the Secretariat and its staff shall be drawn up separately.

ADDENDUM (December 24, 2008)

The amended stipulations in these Articles of Incorporation shall take effect after approval from the Minister of Economy, Trade and Industry.