WORLDAC ECTS CERTIFICATION SERVICE
1. General Provisions
1.1. The business name of the non-profit Council is “World Accreditation Council” and the legal acronym is “WORLDAC” (hereinafter: the Council).
1.2. The Council is a legal person in private law who shall operate according to the Texas law and other legal acts, decisions of the memorandum of council, and this articles of council.
1.3. The aims and objectives of the Council are as follows:
1.3.1. to foster collaboration and networking among higher education institutes and educational institutions across World;
1.3.2. to promote the exchange of best practices in teaching, research, and administration within the World education sector;
1.3.3. to support the development of institutional, program, and course accreditation and certification standards in the field of education;
1.3.4. to promote the development and maintenance of educational and ethical standards using standard-setting, evaluation, and consultation processes;
1.3.5. to facilitate professional development opportunities for educators and administrators in the field of education;
1.3.6. to promote diversity, equity, and inclusion in all aspects of education.
1.4. To meet the aims and objectives of the Council, the Council shall, among other activities:
1.4.1. Advocate for policies and initiatives that enhance the quality and accessibility of higher education in World;
1.4.2. Support innovation and experimentation in teaching and learning methodologies;
1.4.3. Serve as a platform for sharing research findings and insights relevant to the advancement of higher education;
1.4.4. Provide resources and guidance to assist educational institutions in achieving their strategic goals and objectives;
1.4.5. Provide a major forum for communication and exchange among educational institutions, accrediting organizations, and certification programs;
1.4.6. Collaborate with governmental and non-governmental organizations to address challenges facing the European and American education sector;
1.4.7. Enhance the international reputation and competitiveness of World education through strategic partnerships and collaborations;
1.4.8. Conduct research and publish printed or digital works in the field of education, support educational studies, and organize/support international events (seminars, webinars, panels, conferences, workshops, meetings, etc.);
1.4.9. Organize distance (online) or classroom (face-to-face) courses and local or global events to support higher educational, academic, and vocational activities;
1.4.10. Make contact and develop cooperation with similar organizations in Europe and America;
1.4.11. Constantly work on meeting the objectives at the lowest possible cost and based on transparent fees.
1.5. The Council shall be founded for an unspecified term.
2. Members
2.1. Founders of the Council are persons having signed the memorandum of association and approved this article of association.
2.2. In addition to the founders, any natural or legal person who is willing to contribute to the achievement of the objectives of the council and who complies with the articles of council can apply to become a member of the council.
2.3. The management board decides on membership based on the application of the applicant within thirty days from the date of receiving the application. A copy of the resolution of the management board on approval or denial of membership to an applicant shall be sent to the applicant within two working days from the date of the adoption of the resolution.
2.4. Membership in the council is related to the entrance and/or annual membership fee.
2.5. The amount of the entrance fee and the membership fee and the term for payment of these fees shall be decided by the general meeting.
2.6. The rights and obligations imposed on a member of the Council can be exercised from the date of payment of the entrance fee and within ten days from the adoption of the resolution of the management board on approval or denial of membership to the applicant.
2.7. A member of the council has the right to leave the council based on a written petition notifying the council of the intention in writing at least thirty days in advance.
2.8. A member of the council may be excluded from the council by a resolution of the management board in cases where the member:
2.8.1. fails to adhere to the obligations provided in clause 2.12 of the articles of council;
2.8.2. significantly damages the council.
2.9. A member may appeal the resolution of the management board on the exclusion of the member from the council to the general meeting according to the procedure prescribed by law and claim the declaration of the resolution on exclusion invalid by the general meeting.
2.10. A person whose membership in the council has terminated shall not have a right to the assets of the council, and the entrance fee and the membership fee shall not be returned. If a membership terminates during a financial year, the membership fee shall be paid for the whole financial year.
2.11. A member of the council has the right to:
2.11.1. participate in the general meetings with the right to vote;
2.11.2. use the services provided by the council on terms and conditions laid down by the general meeting;
2.11.3. get information on the activities carried out by the council;
2.11.4. access resolutions made by the bodies of the council;
2.11.5. make proposals to the management board on planning and organizing the activities of the council;
2.11.6. leave the council.
2.12. A member of the council has an obligation to:
2.12.1. meet the obligatory requirements prescribed by the articles of council and decisions of the general meetings related to the activities of the council;
2.12.2. provide without delay the bodies of the council with correct information about the activities of the members necessary for the calculation of services fees defined by the bodies of the council or completing other tasks of the council;
2.12.3. not disclose confidential information about other members of the council and the council to third persons;
2.12.4. pay the annual membership fee and for the services provided by the council on the dates specified by the council;
2.12.5. notify the management board of the initiation of its reorganization, merger, division, or dissolution.
3. Members
3.1. The highest body of the council is the general meeting of its members. All members of the council may participate in the general meeting unless otherwise provided by law.
3.2. The general meeting adopts resolutions on all management matters of the council that are not placed within the competence of the management board of the council by law or this articles of council.
3.3. The general meeting is competent to:
3.3.1. amend the articles of council;
3.3.2. change objectives;
3.3.3. decide on the amount of the entrance fee and the membership fee and the term for payment of these fees;
3.3.4. adopt the annual report of the council;
3.3.5. assign and recall members of the management board and decide the remuneration of such members;
3.3.6. appoint a controller or an auditor of the council;
3.3.7. decide on entry into transactions with members of the management board, decide on the assertion of claims against such members, or appoint a representative of the council in such transactions or claims;
3.3.8. decide on the merger, division, or dissolution of the council;
3.3.9. decide other matters which are not placed in the competence of the council by law or the articles of council.
3.4. The management board shall call the general meeting at least once a year.
3.5. The management board shall call the extraordinary general meeting in cases prescribed by law, also if the interests of the council or at least one-tenth of the members of the council so demand. An application of the members of the council for calling the extraordinary general meeting shall be submitted in writing indicating the reason.
3.6. Notice of the regular general meeting, the date, location, and agenda of the regular general meeting shall be given at least twenty-one days in advance.
3.7. Notice of the extraordinary general meeting, the date, location, and agenda of the extraordinary general meeting shall be given at least seven days in advance.
3.8. Meetings and elections of the general meeting may be conducted electronically. The procedure of electronic meetings and elections is assigned by the management board.
3.9. Each member of the council has one vote. A member of the council or representative of a member who is granted an unattested proxy may participate and vote in the general meeting. Only another member of the Association may be a representative.
3.10. A member of the council shall not vote if entry into a transaction with the member or with a person with an equivalent economic interest or commencement or termination of a court action against the member is being decided by the council.
3.11. A resolution of the general meeting is adopted if over one-half of the members or their representatives of the council who participate in the meeting vote in favor of the resolution unless the law or articles of association prescribe a greater majority requirement.
3.12. A resolution on amendment of the articles of council is adopted if over two-thirds of the members or their representatives who participate in the general meeting vote in favor.
3.13. The consent of at least nine-tenths of the members of the council is required to change the objective of the council prescribed in the articles of council.
3.14. The management board shall send the minutes of the general meetings to all members of the council one month after the general meeting has been effected.
3.15. A resolution of the general meeting shall be deemed to be adopted without calling the general meeting if all members of a non-profit council vote in favor of the resolution in writing.
4. Management Board
4.1. The council shall be managed and represented in regular activities by the management board.
4.2. Competence of the management board shall include:
4.2.1. organization and management of regular activities of the council, representation of the council, and entry into transactions on behalf of the council;
4.2.2. the organization of the accounting practices and reporting of the council;
4.2.3. preparation of the annual report and management report of the council;
4.2.4. calling of general meetings and preparation of draft agendas of general meetings and draft resolutions;
4.2.5. making records of the members of the council.
4.3. The management board may transfer or encumber with real right immovables or movables of the council entered in the register only by a written resolution of the general meeting.
4.4. The management board shall have a minimum of one (chairman) and a maximum of twenty members appointed by the founders upon founding the council and afterward elected by the general meeting for a term of three years. A member of the management board must be a natural person with active legal capacity and he or she has the right to represent the Association in all legal acts.
4.5. Members of the management board are elected at the general meeting by a simple majority and are appointed for three years. If a member wishes to resign earlier, then they can do that at the general meeting. In the case of a member’s early resignation, it is up to the management board to decide whether they want to find a new member or continue in a smaller group.
4.6. A member of the management board may be removed by a resolution of the general meeting at any time regardless of the reason. Rights and obligations arising from a contract entered into with him or her terminate according to the contract.
4.7. Written consent of the person to be nominated as a member of the management board is needed. The nominating body of a member of the management board shall have the right to remove a member of the management board at any time regardless of the reason.
4.8. If the management board of the council has at least two members the management board members elect a chairman from among themselves to organize the activities of the management board.
4.9. Remuneration may be paid to members of the management board. The amount of remuneration payable to a member of the management board and the procedure for payment shall be determined by a resolution of the general meeting.
4.10. A meeting of the management board may be conducted electronically. The procedure of electronic meetings is assigned by the management board. It shall have a quorum if over one-half of the members of the management board participate in the meeting.
4.11. A resolution of the management board shall be adopted with a simple majority of votes. Upon an equal division of votes, the chairman shall have the casting vote.
4.12. The management board may adopt a resolution without calling a meeting if all members of the management board vote in favor of the resolution in writing.
5. Assets and Economic Activities
5.1. The economic year of the council shall start on 1 January and end on 31 December.
5.2. The assets of the council shall consist of entrance fees, membership fees, fees for the services provided by the council, subsidies, donations, and other receipts.
5.3. Members of the council may give a loan to the Association.
5.4. The assets of the council shall be used for the achievement of the objectives of the articles of association of the Association.
6. Dissolution, Liquidation, and Liquidators
6.1. Dissolution of the council may always be decided by a resolution of the general meeting. A resolution is adopted if over two-thirds of the members who participate in or are represented at the general meeting vote in favor.
6.2. Upon dissolution of the council, after satisfaction of all claims and depositing the money the remaining assets shall be transferred to an organization or legal person governed by public law with a similar purpose included in the list of non-profit associations and foundations benefiting from.
6.3. The council is liquidated according to the procedure provided for in legislation.
6.4. The liquidators of the council are the members of the management board of the persons appointed by the general meeting.