1.-        Introduction

The management rules are drawn up and approved by the Council in accordance with article 38 of the Articles of Association.

The Council may prescribe, alter or cancel the Management Rules of the Association. Provided always that no Management Rule be prescribed by the Council is in conflict with the Articles of Association and the Belgian legislation.

The transactions of the Association shall be conducted primarily in the English language, and translated where appropriate into other major languages agreed by the Council.

The Association shall be subject to Belgian Law and appropriate Regulations of the European Union.

In the case of variance between these Management Rules and translations thereof the English text shall prevail.