Governance

Belgalux is managed by a voluntary board of directors and an Advisory Board. The board of directors, which includes the chairman, and the Advisory Board, are elected by members who are up to date with their dues, for two-year terms. Directors may have their successive terms renewed only once, for a maximum period of four consecutive years.

By April 31 of each year, at least one Ordinary General Meeting (AGO) takes place, in which the Board of Directors' Activity Report, the Administrative and Financial Director's Report, both from the previous year, and the Budget Proposal for the current year are approved.

At these same AGMs and generally in even-numbered years, new elections for the Board of Directors and the Advisory Board are held.