The constitution of an association must contain—
| (a) |
an acceptable code of conduct, ethical code or code of good practice that binds its members and their employees; |
| (b) |
a disciplinary code applicable to members of that association which allows for cancellation of membership as a result of misconduct; |
| (c) |
where applicable, a disciplinary code applicable to employees of that association which allows for termination of employment as a result of misconduct; |
| (d) |
the minimum standards contemplated in these regulations that a dealer must comply with in order to become and remain a member of that association; |
| (e) |
where applicable, clear guidelines to prevent contravention of competition laws; and |
| (i) |
minimum entry level requirements; and |
| (ii) |
the factors upon which that association categorises its members. |
Special Investigating Units and Special Tribunals Act, 1996
