Queries on Proposed ICC Voting Procedures

Disclaimer

  1. The names of the parties, as well as the data and information in the cases stated below, have been sanitized in order to protect the identity of the parties involved. The complexities of the cases have also been simplified to facilitate easy understanding of the key issues involved.
  2. Our expert's opinions do not necessarily reflect the views of the ICC or the ICC Commission on Banking Technique and Practice. No legal imputation should be attached to any of the contents of the cases and no legal responsibility is accepted for any errors, omissions or misleading statements or opinions caused by negligence or otherwise. Our expert's opinions are given for your reference only and you should not rely upon or act on our opinions, of which we are not held liable. You should consult your legal counsel or other experts for their opinions in your specific cases.
  3. No article, opinion, or comment can be reproduced in whole or in part without our express written permission.

3rd November 2000

Mr. Ronald Katz
ICC Paris

Dear Ron,

Thanks for your fax confirming that Istanbul meetings are ON. I have not yet received the same message by email, which is therefore still not a dependable medium.

Whilst browsing at the ICC Document 470/911rev. concerning the proposed ICC voting procedures, I do not find any answer to the two scenarios below:

Background Facts

A National Committee has designated a representative and a deputy. Both of them don't come to the ICC meeting where a vote is required.

Scenario 1

None of the delegates has casted the vote by mail, fax or email. Could a member of the same National Committee present in the ICC meeting vote for the National Committee?

Scenario 2

One of the delegates has casted a vote by mail, fax or email. If none of the delegates is present, could a member of the same National Committee present in the ICC meeting vote for the same National Committee? Who's vote counts, the absent delegate's vote or the present member's vote?

By the way, could a non banker be a delegate?

Please clarify this as I do not find the answer in the proposed procedures.

Best regards,

T. O.

---bar---
Phone (416) 298-5881 Fax (416) 292-5535
---bar---

Home Page Column Page About the Founder Send Email
Site Map Attend Workshop

Email: experts@tolee.com   © 1992-2008 T.O. LEE CONSULTANTS LTD.   ALL RIGHTS RESERVED.